On September 4, KB LAMINATES rose 3.77% in regular trading, trading at HK$47.82/share, with turnover of HK$298 million, extending its recent rebound trend.

On the news front, the company recently announced a 10% price increase on all FR-4 copper-clad laminates and a 20% increase on thin-cloth prepreg (PP), marking the seventh price hike notice issued this year and maintaining a roughly monthly cadence since March. The cumulative price increase on FR-4 CCL has approximately doubled year-to-date. Meanwhile, controlling shareholder affiliate Kingboard Investments Limited purchased shares on multiple consecutive trading days from August 25 to 31, raising its long position from 5.05% to 5.19%, continuously signaling confidence. Related entities Hallgain Management Limited and Kingboard Holdings Limited also participated in the accumulation, pushing their combined long positions to approximately 61.84%.

Citi raised its earnings forecasts for the company by 9%-10% and set a target price of HK$95, reiterating a Buy rating, while expecting another CCL price increase in early October. UBS also lifted its target to HK$66, citing the company's interim profit surge of 209% and gross margin expansion to 30.7%. Company Chairman stated that high-frequency, high-speed glass fiber products are in short supply and expressed confidence in both group companies achieving over HK$10 billion in annual profit.

(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.)