On June 5, Shenghong Technology fell 4.87% in regular trading, trading at 396.0 HKD/share, with trading volume of HKD 261 million.

On the news front, the PCB sector continued to weaken as upstream raw material prices surged. HVLP copper foil and high-end electronic cloth face a widening supply-demand gap, placing significant cost pressure on the industry. Peer stocks declined broadly, with KB Laminates down 3.86%, Lens Technology down 4.85%, FIT Hon Teng down 2.74%, and Kingboard Holdings down 3.21%.

Additionally, market rumors circulated suggesting that a competitor has already passed orthogonal backplane verification while Shenghong remains in the sample-testing phase. Although investors have questioned the credibility of this rumor, the company has not issued a formal clarification, which has exacerbated market sentiment volatility and added downward pressure on the stock.

(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.)