Movement Alert|KINGBOARD HLDG Rises 3.08% in Regular Trading, CCL Sector Rebounds Collectively After Correction as Institutions Favor Upcycle

Market Focus09-07

On September 7, KINGBOARD HLDG rose 3.08% in regular trading, trading at 51.7 HKD/share, with turnover of HKD 288 million. The copper clad laminate (CCL) sector staged a broad-based rebound after a sustained pullback, reigniting bullish sentiment across the board.

The rebound followed a roughly 10% correction in KINGBOARD HLDG over three consecutive sessions starting September 3, triggered by profit-taking after earlier catalysts were fully priced in. Sector peers rallied in tandem, with KB Laminates up 5.65%, VGT up 6.43%, and Delton up 11.44%. On fundamentals, subsidiary KB Laminates has raised prices seven times this year, with FR-4 CCL cumulative price increases exceeding 100%, underpinned by robust demand for high-end materials driven by AI servers. The company reported interim revenue of HKD 29.13 billion, up 35% year-over-year, with CCL division profits surging on strong volumes and vertical integration advantages. Institutions project the AI-driven CCL supercycle will sustain tight supply-demand dynamics through at least the end of next year, supporting continued pricing power.

(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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