On June 8, Kingboard Laminates fell 4.25% in regular trading, trading at 52.0 HKD/share, with trading volume of HKD 1.125 billion, extending its recent correction trend.
On the news front, multiple institutional supply chain surveys indicate that NVIDIA has favored the PTFE solution for its next-generation AI server orthogonal backplane materials, a scheme that eliminates the use of electronic glass cloth. This has sustained market concerns over the demand outlook for Kingboard Laminates' core traditional copper-clad laminate products. Additionally, the stock has accumulated a 52-week gain of 548%, with Macquarie previously flagging that technical indicators had entered overbought territory, indicating ongoing short-term profit-taking pressure.
The broader electronic components sector was also under pressure, with VGT down 6.89%, Sunny Optical down 5.42%, and FIT Hon Teng down 5.68%. Industry analysts note that the orthogonal backplane is not expected to enter mass production until the second half of 2027, with final material selection still undetermined amid a multi-scheme parallel testing approach.
(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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