On August 31, CCTC fell 4.39% in regular trading, trading at 112.0 HKD/share, with turnover of approximately 4.8985 million HKD. The stock has been under sustained selling pressure following the release of its strong interim results on August 27.

The company reported H1 revenue of 6.423 billion RMB, up 54.82% year-over-year, with net profit attributable to shareholders of 1.932 billion RMB, up 56.18%, driven by rising MLCC product recognition and growing optical communication demand. Despite the robust earnings, the stock had already priced in much of the upside, having surged to a post-listing high of 133.2 HKD on August 13. The classic sell-the-news pattern has since dominated price action.

Adding to near-term headwinds, Temasek Holdings reduced its stake by 391,300 shares on August 17 at approximately 132.43 HKD per share, lowering its holding to 6.88%. Meanwhile, the company announced an A-share employee stock ownership plan on August 28 to acquire up to 5 million repurchased shares, representing 0.25% of total equity.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)