Movement Alert|KB LAMINATES Rises 3.42% in Regular Trading, Rebounding After Prior Session Selloff on Product Price Hikes and Profit Surge

Market Focus
Aug 11

On August 11, KB LAMINATES rose 3.42% in regular trading, trading at HK$36.92/share with turnover of HK$1.805 billion, staging a technical rebound following a decline of over 5% in the prior session.

On the news front, the company recently announced a 10% price increase on FR-4 copper-clad laminates and PP prepreg products. August average prices for three major electronic fabric series rose 17%-18% month-on-month, with year-to-date cumulative gains reaching 118%-165%, as costs accelerate their pass-through to the CCL segment. The company previously issued a positive profit alert forecasting first-half net profit exceeding HK$2.8 billion, representing year-on-year growth of over 200%, driven by sustained supply tightness in CCL and upstream materials including electronic fiberglass yarn, fabric, and copper foil. Formal interim results are scheduled for disclosure on August 24.

However, major shareholders have cumulatively reduced holdings by over HK$20 billion within the year, with multiple directors conducting intensive disposals at elevated price levels during June-July, creating persistent overhang pressure that continues to intensify the bull-bear tug-of-war.

(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.)

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