Sept 15 — A-share PCB-related stocks rallied, led by Huazheng New Materials,
which hit the daily limit within one minute of the open. Ouke Technology, Nuode
Co. and Honghe Technology also reached limit-up. Huazheng New Materials' share
price has risen over tenfold since April 9 last year. Analysts attributed the
move to rising price-recovery expectations in the PCB sector: manufacturers have
begun repricing, and Q3 could mark the start of simultaneous improvement in
product prices, capacity utilization and order mix. Ongoing AI development is
supporting robust demand for high-layer/multi-layer PCBs and HDI, keeping the
sector’s medium-to-long-term outlook constructive.
