On September 25, KINGBOARD HLDG fell 3.72% in regular trading, trading at 56.8 HKD/share, with Turnover of approximately 40.85 million HKD. The decline came as the broader Electronic Components sector faced selling pressure.
On the news front, northbound capital flows on September 23 showed significant net selling of KINGBOARD HLDG, with net outflows of 336 million HKD, while its subsidiary KB Laminates saw even heavier outflows of 2.168 billion HKD. This followed a period of strong gains driven by persistent insider buying — major shareholder Hallgain Management Limited had raised its stake to 31.84% through continuous purchases since late August, and Chairman Zhang Guorong increased his holding to 0.34% on September 23 at 58 HKD per share. Industry tailwinds from the AI-driven CCL repricing cycle, with cumulative price hikes exceeding 100% for some products, had previously fueled the rally.
Within the Electronic Components sector, KB LAMINATES fell 2.4%, SUNNY OPTICAL fell 2.53%, VGT fell 2.11%, CREALIGHTS fell 5.41%, and LUXSHARE ICT fell 1.76%.
(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.)
Comments