Changes in Hong Kong stocks | Tianli Holding Group (00117) fell more than 16% in the intraday period, and the company plans to change its name to Yuyang Holdings MLCC to show a significant K-shaped recovery

The Zhitong Finance App learned that Tianli Holding Group (00117) fell more than 16% in the intraday period. As of press release, it fell 11.59% to HK$2.67, with a turnover of HK$26.3085 million.

According to the news, Tianli Holding Group announced that it plans to change its name to “Yuyang Holdings (Group) Co., Ltd.” The purpose of this name change is to better match the Group's future business development direction and enhance the continued growth of the multilayer ceramic capacitor (MLCC) business and the market position of the Yuyang brand in the global industrial chain.

It is worth noting that, according to a report by the Financial Federation, Murata's price increase of 15%-35% for high-end categories marks the establishment of an upward cycle for this round of high-end MLCC. According to Caitong Securities, the current cycle showed significant “K-type differentiation”: high-end AI/vehicle products benefit from increased demand, capacity rigidity and cost transmission, and prices are sustainable; general consumer goods benefit from cost transmission and order spillover, and there is also a possibility of mild recovery, but price elasticity and sustainability are expected to be weaker than high-end categories.