HK Stock Market Move | Chaozhou Three-Circle (Group) (06951) rebounds over 5%, to release Q3 report tomorrow; institutions bullish on synergistic growth of MLCC and SOFC

Chaozhou Three-Circle (Group) (06951) rebounded over 5%, up 4.72% as of press time to HK$79.9, with turnover of HK$103 million. On the news front, Chaozhou Three-Circle (Group) plans to hold a board meeting on October 28 (this Wednesday) to consider and approve the company's and its subsidiaries' third-quarter results for the nine months ended September 30, 2026, and their publication. Galaxy Securities recently noted that it expects the company's net profit attributable to shareholders for 2026-2028 to be RMB5.573 billion, RMB8.335 billion, and RMB10.157 billion, respectively. The reasons for the high-growth earnings forecast are: AI servers' MLCC usage growing more than 10-fold, from which the company is expected to benefit; new energy pure electric vehicles using 6 times as much MLCC as gasoline vehicles, combined with smart-driving upgrades, from which the company is expected to benefit; and AI's high-energy-consumption expansion driving high growth in demand for SOFC separator plates.