The Zhitong Finance App learned that Tianyue Advanced (02631) rose more than 15% in early trading. As of press release, it had risen 8.7% to HK$56.2, with a turnover of HK$118 million.

According to the news, Infineon recently stated that the SiC business has entered the system-level application stage, and ST expects SiC revenue to grow by double digits. According to reports, Tianyue Advanced is the world's leading manufacturer of silicon carbide substrates. According to a research report released by Dongwu Securities Hong Kong, 2026 is a key verification period for Tianyue Advanced's 8-inch volume and profit cashout. If subsequent gross margin improves quarterly, operating profit is corrected, and exchange disturbances decline, the company's profit flexibility is expected to be further unleashed.

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