HK Stock Market Move | PCB concept stocks led the declines. Guangdong Dtech Technology (01377) fell over 20%, DELTON (01989) fell over 11%.

PCB concept stocks led the declines. As of press time, Guangdong Dtech Technology (01377) fell 20.77% to HK$200.60; DELTON (01989) fell 11.04% to HK$102.30; Victory Giant Technology (02476) fell 8.62% to HK$177.10; KINGBOARD HLDG (00148) fell 5.72% to HK$54.40. On the news front, a rumor circulated in the market this morning that the U.S. Printed Circuit Board Association (PCBAA) has formally lobbied the U.S. government and the Department of Defense, explicitly demanding the complete removal of Chinese PCB products from the military supply chain, with a deadline of January 1, 2027. It is worth noting that this news was already reported as early as September this year and focused solely on the defense and military PCB supply chain. In addition, news that OpenAI's annualized revenue is US$20 billion less than previously reported has raised concerns about a slowdown in computing infrastructure investment. However, the US$20 billion shortfall did not stem from a deterioration in business, but rather from a systematic discrepancy in statistical methodology.