Changes in Hong Kong stocks | Sanhuan Group (06951) rose more than 7%, MLCC set off a wave of price tracking and material grabbing, and the industry chain is expected to continue to benefit

The Zhitong Finance App learned that Sanhuan Group (06951) rose more than 7%. As of press release, it had risen 6.82% to HK$114.4, with a turnover of HK$108 million.

According to reports, strong AI demand is booming, and the passive component market is booming, and MLCC has set off a wave of price tracking and material grabbing. According to reports in the industry, in order to obtain sufficient material sources, some customers did not hesitate to ask for goods from major passive component manufacturers such as Guoju and Murata Manufacturing at two or three times, creating an atmosphere where those with higher prices would win, highlighting the continuing rise in the tight supply and demand for MLCCs. Guoju admits that demand for MLCCs is indeed very strong. From capacity utilization, new customer projects to long-term demand, we have seen that the market continues to heat up.

Galaxy Securities believes that Murata, Samsung Electric, etc. have released financial reports, and Samsung Electric's performance has achieved high growth. Domestic MLCC leader Sanhuan Group and Fenghua Hi-Tech released semi-annual performance forecasts, and their performance achieved high growth. Samsung Electric raised the price of MLCC products by 30% on August 1, opening room for imagination of MLCC price increases. Domestic MLCC leaders forecast high growth, and the industrial logic continues to be fulfilled. The current MLCC boom cycle is catalyzed by AI and lasts for a long time. The MLCC industry chain is expected to continue to benefit in the future.