On August 27, KINGBOARD HLDG rose 4.28% in regular trading, trading at HK$52.15/share, with turnover of HK$110 million.
On the news front, Hong Kong Exchange data revealed that major shareholder Hallgain Management Limited purchased 300,000 shares on August 25 at approximately HK$50.43 per share, totaling around HK$15.13 million. Following the acquisition, Hallgain's stake rose from 31.54% to 31.56%, holding approximately 354 million shares. The move signals continued confidence from the controlling shareholder amid recent volatility.
Fundamentally, the company reported H1 revenue of HK$29.13 billion, up 35% year-over-year, with attributable net profit of HK$2.71 billion, up 5%. Subsidiary KB Laminates posted a 209% surge in interim profit, with July single-month profit hitting a record HK$1.1 billion, supported by sustained CCL pricing strength. Within the Electronic Components sector, KB LAMINATES gained 5.38%, SUNNY OPTICAL rose 4.15%, and VGT added 4.65%, reflecting broad sector strength.
(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.)