HK Stock Market Move | DELTON (01989) soared more than 8% to hit a new high during trading hours. The company is focusing on server PCBs. The net profit for the first quarter is expected to increase by 66%.
Guanghe Technology (01989) rose by more than 8% in early trading, reaching a high of 181.5 Hong Kong dollars to refresh its IPO high.
DELTON (01989) rose more than 8% in the morning session, reaching a high of 181.5 Hong Kong dollars to refresh its listing high. As of the press release, it rose by 5.57%, closing at 176.4 Hong Kong dollars, with a turnover of 217 million Hong Kong dollars.
On the news front, DELTON previously announced a profit joy, forecasting a net profit attributable to shareholders of the listed company in the first quarter of 2026 to be between 3.8 billion and 4 billion yuan, an increase of 58.09% -66.41% compared to the same period last year. This is mainly due to the outbreak of the computing power PCB market, the release of production capacity at the Thai factory, and the cost optimization of the Huangshi subsidiary. It is reported that the company plans to hold a board meeting on April 29 to consider and approve the first quarter performance.
Zhongtai pointed out earlier that as a leading manufacturer of server PCBs, the company deeply benefits from the trend of server upgrades. The bank believes that in the context of strong demand for high-end AIPCBs, the company is expected to enter more AI customers through its high-end technological capabilities. In addition, the company's three production bases work together with ample production capacity reserves. Furthermore, the company continues to expand production and capacity through technological upgrades, laying the foundation for future performance growth.
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