On September 14, KB LAMINATES fell 4.26% in regular trading, trading at 45.0 HKD/share, with turnover of approximately 151 million HKD. The broader Electronic Components sector saw widespread weakness, with peer stocks including Kingboard Holdings down 3.89%, VGT down 3.20%, Crealights down 9.15%, and Sunny Optical down 0.87%.

The pullback comes after a sharp rebound from August lows, during which the stock had climbed from around 26.48 HKD to above 50 HKD, driven by seven rounds of price hikes on FR-4 copper-clad laminates since March — with cumulative increases exceeding 100% — and robust first-half results showing revenue of 14.9 billion HKD, up 55% year-over-year, and net profit of 2.887 billion HKD, surging 209%. Notably, controlling shareholder-affiliated entities Hallgain Management and Kingboard Holdings have conducted continuous share purchases since late August, lifting their combined long position to approximately 62.04%. Citibank has reiterated a Buy rating with a 95 HKD target price, citing expectations of another price hike in early October.

(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.)