HK Stock Movement | KB LAMINATES (01888) Extends Gains Over 6% Amid Tightening CCL Supply and Recent Price Hike

Stock News12-22 14:43

KB LAMINATES (01888) saw its gains expand over 6%, rising 6.17% to HKD 12.22 by the time of writing, with a turnover of HKD 104 million. The surge follows the company's recent price increase announcement for its copper-clad laminate (CCL) products, effective immediately, with hikes ranging between 5% and 10%. The adjustment was attributed to soaring copper prices, tight raw material supply, and constrained glass fabric availability.

This move comes after Taiwan's Nan Ya Plastics issued a price hike notice in November. Analysts at Guojin Securities noted that the PCB industry chain remains highly buoyant, driven by robust demand from automotive, industrial control sectors, and the mass adoption of AI. Subsidy policies further bolster the outlook. The firm anticipates sustained high industry momentum in Q4, with mid-to-low-end raw materials and CCL witnessing another round of price increases. The brokerage highlighted that CCL price hikes may accelerate, warranting close monitoring.

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