On July 13, Sancuan Group (06951.HK) fell 3.05% in regular trading, trading at 101.0 HKD/share with turnover of approximately 71.7 million HKD. The stock price is now approaching its July 9 IPO price of 100.3 HKD, rapidly giving back gains accumulated since listing.

On the news front, the A-share technology sector has been in a sustained deep correction, with Sancuan Group's A-share having already recorded eight consecutive down days. AI, semiconductor, and optical communication — previously hot sectors — are collectively under pressure, while persistent northbound capital outflows have intensified valuation compression for high-growth stocks. Additionally, market reports indicate mid-to-low capacity MLCC prices have softened, though high-capacity and ultra-high-capacity MLCC prices remain firm. Notably, one Sancuan ultra-high-capacity product saw its price rise from 50 yuan/1000 pieces in mid-June to 72 yuan/1000 pieces recently, confirming structural divergence rather than broad-based weakness.

Within the Electronic Components sector, the broader group is also under pressure, with KB Laminates down 8.04%, Kingboard Holdings down 7.82%, and Lingyi iTech down 6.68%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)