--- title: "Han's CNC tumbles 8% in Hong Kong trading on mixed earnings outlook" type: "News" locale: "en" url: "https://longbridge.com/en/news/292425130.md" description: "Han's CNC (3200.HK) fell more than 8% during Hong Kong trading to HK$126.40 despite strong H1 profit guidance." datetime: "2026-07-13T02:00:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292425130.md) - [en](https://longbridge.com/en/news/292425130.md) - [zh-HK](https://longbridge.com/zh-HK/news/292425130.md) generator: "portal-rs" --- # Han's CNC tumbles 8% in Hong Kong trading on mixed earnings outlook Han's CNC (3200.HK) tumbled more than **8%** in Hong Kong trading to **HK$126.40**. The company previously announced that first-half net profit is expected to reach **9 billion to 10 billion yuan**, representing a year-over-year increase of **241%-280%**. Revenue is projected to grow by more than **100%** compared to the same period last year. The strong earnings forecast was driven by robust demand for high-end PCB equipment fueled by AI computing power expansion. Despite the positive guidance, shares declined sharply during regular trading hours without an immediate company-specific catalyst explaining the selloff. ### Related Stocks - [03200.HK](https://longbridge.com/en/quote/03200.HK.md) ## Related News & Research - [Shenzhen Han’s CNC Moves to CASBE and Consolidates Audit Mandate Under RSM China](https://longbridge.com/en/news/292499460.md) - [The Treasury's bond-market intervention isn't working. So what comes next?](https://longbridge.com/en/news/296702361.md) - [OpenAI’s training pause is convenient. That doesn't make it meaningless.](https://longbridge.com/en/news/296627695.md) - [The bond market is going to burst the stock-market bubble](https://longbridge.com/en/news/296527962.md) - [VEGOILS-Palm extends gains on firm crude, El Nino-related supply worries](https://longbridge.com/en/news/296476225.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**