HK Stock Market Move | Shenzhen Han's CNC Technology (03200) rose more than 3% on the AI PCB driving performance increase. The company is expected to benefit from the expansion of leading PCB factories.

Shenzhen Hans CNC Technology (03200) rose more than 3%, as of the time of writing, up 3.06% to HK$144.9, with a turnover of HK$528 million. On the news front, Shenwan Hongyuan Group stated that, driven by AIPCB, the company's revenue and profits for the first quarter of 2026 both saw high growth. The demand for AI computing power centers remains strong, with the new generation of AI servers, high-speed switches, and high-speed optical modules driving the growth of the high value-added AIPCB market and increasing technical difficulty, leading to a continuous rise in demand for high-tech value-added specialty processing equipment. Citigroup previously pointed out that management expects that with more Chinese PCB manufacturers expanding production starting in September to October this year, AI product revenue contribution is expected to reach 50% to 60% by 2026, driving quarterly improvement in gross margin in the second half of the year.