Movement Alert|SICC Rises 5.05% in Regular Trading, Interim Results Review Imminent Combined with 8-Inch SiC Substrate Volume Ramp

Market Focus
Aug 11

On August 11, SICC rose 5.05% in regular trading, trading at HKD 80.15/share, with turnover of HKD 118 million, extending its recent consecutive upward momentum.

On the news front, the company's board of directors will convene on August 19 to review unaudited consolidated interim results for the six months ended June 30 and to discuss whether to recommend an interim dividend, with earnings disclosure expectations continuing to fuel market sentiment. Meanwhile, Soochow Securities International Brokerage initiated coverage with a Buy rating, identifying 8-inch SiC substrates as the core variable driving the company's earnings recovery. The report noted that Infineon's orders doubled year-over-year, making it the company's most order-saturated overseas client, while domestically SICC holds 80%-90% share of SiNo Power's 8-inch substrate supply. Additionally, the company has implemented structural price increases on certain new orders, reflecting strengthened pricing power as an industry leader.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10