Movement Alert|Delton Technology Falls 3.01% in Regular Trading, Samsung and SK Hynix Substrate Pricing Pressure Continues to Weigh on PCB Sector

Market Focus
Jul 07

On July 7, Delton Technology (01989.HK) fell 3.01% in regular trading, trading at HKD 147.9/share, with turnover of HKD 25.71 million.

On the news front, previously reported demands from Samsung Electronics and SK Hynix for upstream PCB substrate suppliers to cut prices in the second half continue to weigh on sentiment. If the price reductions materialize, the 3% to 4% price increases accepted at the start of the year would be fully offset. The news initially triggered a sector-wide selloff on July 2, when Delton Technology plunged over 21% in a single session on its Hong Kong listing.

Adding to selling pressure, Fullgoal Fund reduced its stake by 259,400 shares on July 2 at an average price of HKD 195.5, lowering its holding from 6.41% to 5.84%. The broader Electronic Components sector remained weak, with KB Laminates down 5.01%, Kingboard Holdings down 4.71%, and VGT down 2.72%, reflecting continued sector-wide adjustment.

(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.)

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