Movement Alert|KINGBOARD HLDG Rises 3.14% in Regular Trading, Chairman and Major Shareholder Both Increase Stakes

Market Focus09-09 09:40

On September 9, KINGBOARD HLDG rose 3.14% in regular trading, trading at HK$52.5/share, with turnover of HK$137 million. The rebound follows the prior session's 3.06% decline, as fresh insider buying disclosures provided a confidence boost.

According to Hong Kong Stock Exchange filings disclosed on September 8, Chairman Zhang Guorong purchased 82,500 shares on September 7 at HK$51.7 per share, spending approximately HK$4.27 million and raising his stake to 0.33%. Separately, Hallgain Management Limited acquired 540,000 shares on September 3 at approximately HK$52.04 per share, totaling around HK$28.1 million, lifting its holding to 31.65%. These purchases follow a series of incremental insider buys since late August.

At the sector level, the CCL price upcycle remains a key tailwind. Subsidiary KB Laminates has raised prices seven times this year, with cumulative FR-4 CCL increases exceeding 100%. Citi forecasts another price hike in early October, while analysts expect the AI-driven supply-demand tightness to persist at least through next year. Within the Electronic Components sector, KB LAMINATES rose 4.19% and FIT HON TENG gained 5.31%.

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