On August 7, CFMEE rose 3.23% in regular trading, trading at 356.0 HKD/share, with turnover of 14.1451 million HKD.
On the news front, the PCB sector continues to strengthen broadly. A Citi research report noted that August electronic-grade glass fiber cloth average selling prices rose 17% to 18% month-over-month, marking the largest monthly gain year-to-date. The cumulative year-to-date price increase has reached 118% to 165%, as robust AI demand drives manufacturers to shift capacity from non-AI to AI-related glass fiber cloth products, further intensifying supply tightness. Citi expects major copper-clad laminate producers to initiate a new round of price hikes of approximately 10% to 15% in August.
Additionally, the company recently disclosed that its H-share over-allotment option was fully exercised, with 1,925,750 new H shares issued at 252.73 HKD per share, signaling strong market demand and bolstering investor confidence. CFMEE, as a leading domestic direct-write lithography equipment maker with products widely applied in PCB and optical communications, stands to benefit from the ongoing industry upcycle.
(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.)