FORTIOR (01304) Surges 5% in Late Trading Following April 1st Product Price Increase Announcement

Stock News
Mar 18

FORTIOR (01304) experienced a sharp upward movement during late trading, with its stock price rising by as much as 5%. At the time of writing, the gain stood at 4.33%, with the share price reaching HK$108.4. The trading volume was HK$18.94 million. The price movement follows reports confirming that the company will adjust prices for its currently available products starting April 1, 2026. The actual increase will vary by product, and there is reportedly no uniform price hike of 5% or 10%. A company representative cited ongoing tight capacity supply within the industry as the reason for the adjustment, stating that current price levels are insufficient to support future production capacity and product delivery. Whether further price increases will occur will depend on specific market conditions.

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