Kingboard Laminates rose 7.3%, while Foxconn Interconnect Technology fell 7.6%. These two Hong Kong-listed PCB/precision manufacturing stocks moved in completely opposite directions today — Kingboard, which was at a low two days ago, surged today driven by a Macquarie analyst report; Foxconn Interconnect, boosted by Apple-related concepts, rose 10% yesterday but gave back 7.6% in a technical pullback today.
One chasing the low, the other pulling up and then dumping — their rhythms are completely out of sync. This is the typical pattern for small and mid-cap Hong Kong stocks 😵💫
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