HK Stock Market Move | Shenzhen Hans CNC Technology (03200) surged over 12% in the late session as another major PCB manufacturer announced expansion. The company is a global leader in PCB equipment.

Shenzhen Hans CNC Technology (03200) surged over 12% in late trading, and as of the time of writing, it has risen by 11.66%, trading at HK$114 with a transaction volume of HK$240 million. In terms of news, Shengyi Electronics announced a significant expansion plan, stating that the company will invest in building a high-end HDI circuit board project, precisely targeting the booming sectors of AI computing power and automotive electronics, and continuously increasing its high-end PCB production capacity. Wanlian Securities pointed out that mainstream PCB manufacturers are accelerating capacity expansion, which is expected to drive demand for upstream equipment and materials, and suggests paying attention to leading manufacturers in fields such as copper-clad laminate materials, drilling, and exposure equipment. CMSC noted that Shenzhen Hans CNC Technology is a global leader in PCB equipment and is currently in a new phase of high-quality growth. It remains optimistic about the leading positions of mechanical drilling and ultra-fast laser drilling in the drilling segment, as well as the accelerated scaling advantages of its platform layout. Amid the trend of capacity expansion and technological upgrades in downstream computing power PCBs, we are optimistic about DAZZLE's core positioning in the PCB equipment industry, its technological leadership, product high-end upgrades, and long-term potential, with performance likely to continue to exceed expectations.