UBS: Initiates coverage on Ding Tai Gao Ke (01377.HK) with a "Buy" rating, target price HK$439

Zhitong Finance APP has learned that UBS has issued a research report, initiating coverage on Dingtai High-Tech (01377.HK) with a "Buy" rating and a target price of HK$439. The bank stated that Dingtai High-Tech is the world's largest PCB drill bit supplier, with a global market share of 29.2% based on 2025 sales volume. The stock has fallen 30% from its July high, reflecting the fading of market sentiment and liquidity premium, as well as the delay in the Kyber backplane timetable.