Movement Alert|KINGBOARD HLDG Rises 3.36% in Regular Trading, CCL Price Hike Cycle and Profit Alert Fuel Rebound

Market Focus08-13

On August 13, KINGBOARD HLDG rose 3.36% in regular trading, trading at HK$48.52/share with turnover of HK$505 million, extending its recent oversold rebound momentum.

On the news front, August average prices for three major electronic cloth series surged 17%-18% month-over-month, with costs accelerating transmission to the copper clad laminate (CCL) segment. A new pricing window has opened, and KINGBOARD HLDG, as a leading CCL manufacturer, stands to directly benefit from product price increases.

Additionally, the company previously issued a profit alert forecasting first-half net profit exceeding HK$2.7 billion, with the CCL segment profit surging over 200% year-over-year. Interim results are scheduled for release on August 24, and the approaching earnings window is providing share price support. However, major shareholders within the Kingboard group have cumulatively cashed out an estimated HK$20 billion-plus during the year, with the overhang from this selling continuing to weigh on market sentiment.

(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.)

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