--- title: "Hong Kong Stock Movement: DELTON surged 10.27% on its first day of listing, with strong financial industry data boosting its stock price" type: "News" locale: "en" url: "https://longbridge.com/en/news/283952698.md" description: "DELTON rose 10.27%; Shenghong Technology fell 0.76%, with a transaction volume of HKD 1.142 billion; Jiantao Laminates fell 0.70%, with a transaction volume of HKD 1.128 billion; Jiantao Group rose 3.75%, with a transaction volume of HKD 825 million; Lens Technology fell 1.34%, with a market value of HKD 89.3 billion" datetime: "2026-04-24T07:37:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283952698.md) - [en](https://longbridge.com/en/news/283952698.md) - [zh-HK](https://longbridge.com/zh-HK/news/283952698.md) --- # Hong Kong Stock Movement: DELTON surged 10.27% on its first day of listing, with strong financial industry data boosting its stock price **Hong Kong Stock Movement** DELTON rose 10.27%. Based on recent key news: 1. On April 23, the Guangzhou Municipal Financial Office released data showing that the financial industry in Guangzhou performed strongly in the first quarter, with DELTON successfully listed on the Hong Kong Stock Exchange, raising HKD 2.907 billion, driving up the stock price. 2. On April 24, DELTON's stock price broke through HKD 176.2, an increase of 1.45 times from the offering price of HKD 71.88, indicating strong market interest after its listing. 3. On April 22, DELTON stated that its 800G optical module products are still in the testing phase, and the technological progress has attracted investor attention. The financial industry in Guangzhou performed strongly, with significant capital inflows. **Stocks with High Trading Volume in the Industry** Shenghong Technology fell 0.76%. Based on recent key news: 1. On April 21, Shenghong Technology was listed on the Hong Kong Stock Exchange, with a significant increase in stock price on the first day, opening 57.2% higher than the issue price and closing 50.1% higher. This attracted a large number of investors' attention, driving stock price fluctuations. 2. On April 22, Shenghong Technology announced that the overallotment option had been fully exercised, involving 14.375 million H shares, further affecting market expectations for the stock. 3. On April 22, the market predicted that the AI server PCB market size would grow significantly, and Shenghong Technology, as a core supplier, would benefit from the industry's high prosperity, with stock prices rising against the trend. AI technology is driving PCB demand growth, making the market active. Kingboard Laminates fell 0.70%. Based on recent key news: 1. On April 23, Citigroup released a research report, predicting that Kingboard Laminates would frequently raise average selling prices due to the arrival of the peak season. The average price of copper foil is expected to increase by 68% year-on-year, with the target price raised to HKD 43. This news boosted market confidence. 2. On April 3, Kingboard Laminates announced a 10% price increase for laminate materials and PP semi-cured sheets, mainly due to significant increases in upstream resin and electronic fiberglass cloth prices. This move reflects cost pressures. 3. On April 22, Kingboard Laminates saw active trading in the Hong Kong market, with a trading volume of HKD 1.128 billion, indicating investor attention to its future performance. The peak season for the electronics industry is approaching, enhancing expectations for price increases. Kingboard Group rose 3.75%. Based on recent key news: 1. On April 21, Kingboard Group recorded large transactions, with prices 5.1% higher than the previous day's closing price, and a transaction amount of HKD 30.22 million, driving up the stock price. 2. On April 23, Citigroup released a research report, expecting Kingboard Laminates to raise average selling prices more frequently, with the target price raised to HKD 43, enhancing market confidence. 3. On April 22, uncertainty in the global economy led to a shrinkage in trading volume in the Hong Kong stock market, with Kingboard Group performing outstandingly in this context. Industry demand is strong, and material prices are rising **Stocks Ranked Among the Top by Market Capitalization in the Industry** Lens Technology fell by 1.34%. Based on recent key news: 1. On April 21, Lens Technology released its Q1 2026 report, showing a year-on-year revenue decline of 17.13% and a net loss of 150 million yuan, primarily due to decreased revenue from smartphones and computers, as well as the impact of exchange rate fluctuations, leading to pressure on the stock price. 2. On April 23, Morgan Stanley reduced its holdings in Lens Technology by 859,452 shares, lowering its ownership ratio to 6.92%. This move raised market concerns about the company's future performance, further pressuring the stock price. 3. On April 23, Lens Technology participated in a 1 billion yuan financing for Pudu Robotics, with both parties set to collaborate in the fields of smart hardware and precision manufacturing. Although this move demonstrates the company's layout in emerging fields, it has not boosted the stock price in the short term. 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