Changes in Hong Kong stocks | Sanhuan Group (06951) rose more than 5%, Shenzhen Huaqiangbei MLCC merchants hit sales in the fourth quarter, and the supply and demand gap may continue to expand

The Zhitong Finance App learned that Sanhuan Group (06951) rose by more than 5%. As of press release, it had risen 5.1% to HK$146.3, with a turnover of HK$68.207 million.

According to news, MLCC, known in the industry as “rice for the electronics industry,” recently ushered in a wave of price increases. According to a report by the Securities Times, a number of MLCC products on the first floor of Huaqiang Electronics World said that “there are many more orders and hot orders” and that “the prices of AI and some high-end MLCCs (multilayer ceramic capacitors) have indeed fluctuated quite a bit and are seriously out of stock.” Some industry veterans believe that at present, there are indeed positive signs on the consumer MLCC supply side. For example, high-end MLCC production capacity for AI servers is prioritized; it remains to be seen whether consumer product prices will continue to rise in the future.

According to the latest MLCC industry research from Jibang Consulting, thanks to strong demand for AI, shipments from the three major Japanese and South Korean manufacturers, including Murata, Samsung Electric, and Taiyo Yuden, hit new single-month highs in the past five years in June 2026. Their consumer-grade orders continued to spill over, benefiting other manufacturers, and channel prices also rose. Jibang Consulting recently said that it is estimated that the fourth quarter will continue the trend of widening MLCC supply and demand gap and rising prices. According to Sanhuan Group's 2026 interim report, MLCC benefited from increased customer recognition and industry sentiment in the first half of the year. Prices of some specifications were restored to their original reasonable value, and sales volume and sales both achieved significant year-on-year growth.