On June 15, China National Building Material rose 5.38% in regular trading, reaching HKD 5.09 per share with turnover of HKD 73.03 million, extending its recent rebound trajectory.
On the news front, surging AI computing demand has driven electronic-grade glass fiber cloth prices sharply higher. As of early June, commonly used specifications of electronic cloth had completed five rounds of price increases this year, with average prices reaching RMB 7.4 per meter — a 100% gain from the Q3 low last year. Industry experts note that supply-demand tightness may persist given high barriers to expanding high-end production capacity, with lead times for new lines ranging 18 to 24 months.
China National Building Material holds a 60.24% stake in Sinoma Science & Technology and a 29.22% stake in China Jushi, both industry leaders in glass fiber. Institutions have highlighted that the company's glass fiber, carbon fiber, and lithium battery separator businesses maintain strong growth momentum, while overseas engineering services continue to deliver standout performance. Analysts are optimistic that new materials and international expansion will drive the company into a new growth phase.
(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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