On September 2, KB LAMINATES rose 3.42% in regular trading, trading at HK$45.02/share, with turnover of HK$605 million. The stock rebounded after two consecutive sessions of profit-taking pullback.

On the news front, the company recently announced a 10% to 20% price increase across all products, marking its seventh price hike this year. Since March, KB LAMINATES has maintained a nearly monthly cadence of price increases, reflecting sustained demand strength in the copper-clad laminate market driven by AI-related applications.

Meanwhile, controlling shareholder affiliate Kingboard Investments Limited purchased approximately 3.5755 million shares over four consecutive trading days from August 25 to 28, lifting its long position from 5.05% to 5.16%. Related entity Jamplan (BVI) Limited also raised its stake to 61.8%. The company reported interim results on August 24 showing net profit of HK$2.887 billion, up 209% year-over-year, with revenue rising 55% to HK$14.904 billion. Citi has set a target price of HK$95, while UBS raised its target to HK$66, both citing strong earnings momentum and further upside from AI-driven PCB demand.

(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.)