Movement Alert|KB LAMINATES Rises 3.02% in Regular Trading, Major Shareholders Intensify Buying Amid PCB Sector Rebound

Market Focus
Sep 30

On September 30, KB LAMINATES rose 3.02% in regular trading, trading at 50.05 HKD/share, with turnover of 696 million HKD.

On the news front, controlling shareholder Kingboard Holdings and affiliates including Hallgain Management and Jamplan (BVI) have conducted continuous open-market purchases throughout September, with cumulative buying exceeding 200 million HKD. As of the latest filings, the long position ratio has risen to approximately 62.24%. On September 24, the group purchased 1.8 million shares at an average price of 50.99 HKD, involving approximately 91.78 million HKD.

The broader PCB sector is also rebounding, with KINWONG up 7.14% and KINGBOARD HLDG up 2.8%. Multiple major investment banks have recently initiated bullish coverage: Citi assigned a Buy rating with a 95 HKD target, JPMorgan initiated at Overweight with a 65 HKD target, and Morgan Stanley rated it Overweight with a 75 HKD target, citing AI-driven structural shortages in PCB materials and strong pricing power.

Fundamentally, the company reported H1 revenue of approximately 14.9 billion HKD, up 55% year-over-year, with adjusted net profit surging 209%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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