Citi: Industry data favorable for AI PCB equipment stocks, unfavorable for construction machinery stocks

Citi issued a report noting positive data for PCB (printed circuit board) equipment, while construction machinery trends were somewhat negative. Regarding PCB equipment, Taiwan’s Viavi Technology (3167.TW) reported a 153% year-on-year increase in August revenue, setting a new high-growth record since 2026 and indicating accelerating demand for AI-related PCB equipment. In the construction machinery sector, data from the China Construction Machinery Association showed that domestic excavator shipments in China rose by only 4% year-on-year to 7,986 units in August, marking the second consecutive month of single-digit annual growth. The bank views this as an early sign of a turning point in China’s excavator cycle; meanwhile, China’s largest tower crane...

AASTOCKS12:16

Research Insight | Zheshang Securities: Maintains "Outperform" Rating on Han's CNC; Multi-Category PCB Equipment Accelerates Volume Growth

A research report by Zhejiang Securities notes that Dazhu CNC posted better-than-expected Q2 2026 earnings, with accelerated volume growth across multiple categories of PCB equipment. In Q2 2026,

Gelonghui FinanceSep 7 15:31

The resonance between OpenAI's new model and favorable policy developments triggered a broad rally in optical communication and PCB concept stocks, with Zhongji Innolight, the leader in optical modules, surging 10% in its H-share trading.

① Following OpenAI's release of the GPT-6 Astra model, why has the expansion of computing power scale made the supply chain for high-speed optical modules (800G/1.6T and above) the most direct beneficiary? ② What is the substantive progress on the digital and green transformation plan jointly issued by seven departments, as well as on the national integrated computing power network?

cls.cnSep 7 11:26

Han's CNC (301200): Q2 2026 Earnings Beat Expectations; Multi-Category PCB Equipment Sees Accelerated Volume Growth

Performance Snapshot:1) Revenue & Profit: In the first half of 2026,

Zheshang SecuritiesSep 6 21:12

Statistics on Significant Changes in Stock Connect Holdings | September 4

Statistics on Significant Changes in Stock Connect Holdings | September 3, 2026

Zhitong FinanceSep 4 08:36

Statistics on Abnormal Movements in Stock Connect Holdings | September 3

Zhitong Stock Connect Holdings Anomaly Statistics | September 2, 2026

Zhitong FinanceSep 3 08:36