On September 22, KINGBOARD HLDG rose 3.85% in regular trading, trading at HKD 59.45/share, with turnover of HKD 439 million, extending gains from the prior session.
On the news front, major shareholder Hallgain Management Limited has been aggressively accumulating shares since late August. From September 15 to 17 alone, Hallgain purchased approximately 606,000 shares across three consecutive trading days at prices ranging from HKD 53.98 to HKD 55.05, lifting its stake to 31.80%. The buying spree stretches back to August 26, with total purchases including a notable 1-million-share block on September 4 at approximately HKD 50.25 per share. Chairman Zhang Guorong has also participated, adding 82,500 shares at HKD 51.70 each, raising his stake to 0.33%.
Underpinning the insider confidence, the company reported robust H1 results on August 24: revenue surged 35% year-over-year to HKD 29.13 billion, gross margin expanded 7.53 percentage points to 27.1%, and operating cash flow jumped 308%. The PCB segment contributed HKD 7.94 billion in revenue, up 23%. Within the Electronic Components sector, KB LAMINATES rose 1.6%, FIT HON TENG gained 9.43%, and CREALIGHTS climbed 7.66%.
(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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