On September 29, CCTC rose 3.01% in regular trading, trading at approximately 127.1 HKD/share, with turnover of approximately 23.24 million HKD. The stock rebounded following a decline of over 5% in the prior session.

The previous session's selloff was driven by Huafeng International, a subsidiary of Huafeng Shares and an anchor investor in CCTC's Hong Kong IPO, announcing plans to liquidate its entire remaining H-share position. Huafeng International was originally allocated 781,300 shares at IPO, has already sold 420,900 shares on the secondary market, and intends to sell the remaining 360,400 shares. Separately, JPMorgan reduced its H-share holdings by 84,900 shares at an average price of approximately 141.18 HKD on September 21, lowering its long position from 10.02% to 9.99%.

Supporting the rebound, institutions forecast that the MLCC supply-demand gap will continue to widen in Q4. CCTC's high-capacity MLCC expansion project is progressing steadily, with investment reaching 49.91% completion. The company reported H1 revenue of 6.423 billion RMB, up 54.82% year-over-year, with net profit attributable to shareholders of 1.932 billion RMB, up 56.18%.

(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.)