---
title: "Kingboard Laminates’ Parent to Cut Stake via HK$21 Block Trade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279507734.md"
description: "Kingboard Holdings, the parent company of Kingboard Laminates, is set to reduce its stake in the company from 71.10% to 66.95% through a block trade of up to 130 million shares at HK$21.0 each. This move aims to enhance trading liquidity and broaden the shareholder base. Following the placement, Kingboard Holdings will not sell additional shares for 90 days, creating a temporary market constraint. Analysts currently rate Kingboard Laminates stock as a Buy with a price target of HK$16.00."
datetime: "2026-03-18T00:10:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279507734.md)
  - [en](https://longbridge.com/en/news/279507734.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279507734.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279507734.md) | [繁體中文](https://longbridge.com/zh-HK/news/279507734.md)


# Kingboard Laminates’ Parent to Cut Stake via HK$21 Block Trade

### Claim 70% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

The latest update is out from Kingboard Laminates Holdings ( (HK:1888) ).

Kingboard Laminates Holdings has announced that its parent, Kingboard Holdings, has entered into a block trade to place up to 130 million existing shares in the company at HK$21.0 per share through Citigroup Global Markets. Following completion, Kingboard Holdings’ stake will fall from about 71.10% to 66.95%, and the company will remain a non-wholly owned subsidiary.

Kingboard Holdings has agreed not to dispose of further shares for 90 days after the placement, providing a short-term overhang constraint for the market. The company expects the placement to increase trading liquidity, broaden its shareholder base, and enlarge the public float, which should support more active trading and enhance its market profile among investors.

The most recent analyst rating on (HK:1888) stock is a Buy with a HK$16.00 price target. To see the full list of analyst forecasts on Kingboard Laminates Holdings stock, see the HK:1888 Stock Forecast page.

**More about Kingboard Laminates Holdings**

Kingboard Laminates Holdings is a Hong Kong-listed manufacturer of laminates used in printed circuit boards, operating as a non-wholly owned subsidiary of Kingboard Holdings. The group focuses on supplying electronic materials to global electronics and technology industries, leveraging its scale and market presence in Asia to serve a broad customer base.

**Average Trading Volume:** 20,862,236

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$69.6B

Find detailed analytics on 1888 stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [KB LAMINATES (01888.HK)](https://longbridge.com/en/quote/01888.HK.md)
- [KINGBOARD HLDG (00148.HK)](https://longbridge.com/en/quote/00148.HK.md)

## Related News & Research

- [Kingboard to Offload 4.15% Stake in Kingboard Laminates via Discounted Block Trade](https://longbridge.com/en/news/279503947.md)
- [Kingboard Holdings launches $350 mln Kingboard Laminates block trade, term sheet shows](https://longbridge.com/en/news/279426196.md)
- [Butong Group Expands Share Pool for Award Scheme With On-Market Purchase](https://longbridge.com/en/news/280828310.md)
- [Kingboard Laminates declares final dividend of HK25.0 cents per ordinary share](https://longbridge.com/en/news/279204734.md)
- [UOB Kay Hian Upgrades Kingboard Laminates to Buy from Hold; Price Target is HK$25.30](https://longbridge.com/en/news/279393276.md)