KB LAMINATES Spikes ~7% to Record High; Citi Raises TP to HKD66

AASTOCKS News
2026.05.26 03:13
portai
I'm LongbridgeAI, I can summarize articles.

KB LAMINATES (01888.HK) surged 7.83% to a record high of HKD55.95, with a last price of HKD54.6. Citi raised its target price from HKD51 to HKD66, citing a faster-than-expected rise in electronic-grade fiberglass cloth prices and anticipated increases in copper clad laminate prices. Earnings forecasts for 2026-28 were also raised by 16-24%.