On June 8, Kingboard Holdings rose 3.45% in regular trading, trading at 65.55 HKD/share, with trading volume of 617 million HKD. The stock rebounded after pulling back from its 52-week high of 69.10 HKD.

On the news front, Citi recently raised its target price for Kingboard Holdings from 65 HKD to 90 HKD, maintaining a Buy rating, noting that the company still trades below book value which it considers unjustified. The bank highlighted that by 2028, approximately 85% of core net profit will come from the laminate and PCB business, up from about 60% in 2025.

Meanwhile, major CCL manufacturers including Kingboard and Shengyi Technology issued Q3 price hike notices in early June, with increases generally ranging from 10% to 15%, marking the second round of comprehensive price increases this year. Upstream electronic glass cloth average selling prices have accumulated gains of 60% to 95% year-to-date. Fellow subsidiary KB Laminates rose 6.17% today, demonstrating significant sector linkage as AI PCB supply chain restocking momentum continues to accelerate.

(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.)