SDMC

SDMC Technology surged 5.3% in the morning session to close at HKD 77.55, driven by strong earnings and inclusion in the Hang Seng Composite Index. The company posted a 75.9% YoY net profit increase to RMB 181.4 million for 1H FY2026, with revenue rising 36.3% to RMB 2.1 billion and Q4 EPS growing 66.7% YoY to HKD 0.3973. The stock rebounded from an intraday low of HKD 72.5, though it remains 12.3% below its 52-week high of HKD 88.45. Year-to-date gain stands at 26.7%, and the stock trades above its 20-day MA of HKD 70.29 (+10.3%), while the PE of 44.5x and PB of 7.1x suggest elevated valuation multiples.

Shenzhen SDMC Technology experienced a morning session surge and retreat, hitting an intraday high of HK$81.95 before pulling back to close at HK$77.50, down 2.27% from the previous close of HK$79.30. The decline was primarily driven by profit-taking after its FY26 H1 results released on Aug 26, which showed net profit soared 75.9% to RMB 181.4 million and revenue rose 36.3% to RMB 2.1 billion, with EPS at HK$0.3973, up 66.69% YoY. Despite robust fundamentals, the stock remains 12.38% below its 52-week high of HK$88.45 and trades below the intraday average of HK$79.67, indicating waning near-term momentum. However, the stock still boasts a 26.63% YTD gain and is set to join the Hang Seng Composite Index on Sept 7, which could attract passive inflows.

Shenzhen SDMC (901.HK) surged in this morning session, last trading at HK$74.35 as of 09:47 BJ, up 5.16% from yesterday's close of HK$70.70, with an intraday low of HK$70.70 and high of HK$74.35, a swing of about 5.2%. The rally was primarily driven by the company's FY26 H1 earnings guidance: net profit up 70%-80% YoY, revenue up 36.3% YoY to HK$2.1 billion, and EPS up 66.69% YoY to HK$0.3973, showing strong fundamental momentum. The price has broken above MA20 (HK$68.20) and MA60 (HK$64.55), with YTD gain of 21.49%, but still 15.94% below the 52-week high of HK$88.45. However, trading volume was thin at only 5,200 shares with turnover of about HK$380,000.

SDMC opened high and surged in the morning session, rallying from HKD 78.80 to HKD 83.00, closing up 5.73% at HKD 83.00 with an intraday range of 5.3%. The move was driven by its FY26 H1 earnings release, showing net profit up 75.9% YoY to RMB 181.4 million and revenue up 36.3% to RMB 2.1 billion, extending the momentum from Q4 2025's 65.67% profit growth. At HKD 83.00, the stock is 6.16% below its 52-week high of HKD 88.45 but 59.62% above the 52-week low of HKD 52.00, and well above both MA20 (HKD 67.365) and MA60 (HKD 64.243), with a YTD gain of 35.62%. However, the PE of 47.61x and PB of 7.65x suggest elevated valuation levels.

Shenzhen SDMC opened sharply higher in the morning session and continued to climb, closing up 5.36% at HK$86.5, a new 52-week high. The jump followed a profit alert forecasting H1 net profit growth of 70%-80% and revenue of RMB 2.1 billion, up 36.3% YoY. At a PE of 49.62x and PB of 7.97x, the stock is up 41.34% YTD and trading well above its 20-day (HK$66.61) and 60-day (HK$64.05) moving averages. However, the company has been listed for only about three months, limiting historical valuation reference.