Kingboard Holdings Could Benefit From AI-Driven Margin Boost -- Market Talk

Dow Jones05-08

0132 GMT - Kingboard Holdings is likely to get an earnings boost as shortages in laminate materials amid the AI boom support margins, Citi analyst Eric Lau says. The bank raises its 2026-2028 earnings estimates on the company by 50%-61% and lifts its target price to HK$65 from HK$48. Citi, which has a buy rating on the stock, says Kingboard Holdings is a great alternative laggard for investors who missed April's strong rally in subsidiary Kingboard Laminates. Shares are down 1.2% at HK$48.02.(venkat.pr@wsj.com)

 

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May 07, 2026 21:32 ET (01:32 GMT)

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