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China PCB stocks rebound from lows; Mingyang Circuits hits 20% limit-up

Chinese PCB-related stocks rebounded from early lows, with Mingyang Circuits surging 20% to hit its daily limit-up. Changyang Technology gained more than 10%, while Aohong Electronics, Mankun Technology, Yidun Electronics and Jinbaize also rose. The move reversed an earlier intraday decline in the sector.

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AI take

The reversal matters more than the rebound itself: a sector-wide snapback after an intraday slide suggests buyers are still willing to step in on PCB names tied to the AI hardware supply chain, even after a sharp run. The breadth is notable, with gains spreading beyond the limit-up leader into smaller components players. Whether this holds as a durable rotation or is just dip-buying in an extended group remains the open question, and follow-through in the laggards will be the tell.

Generated by AI for reference only.

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