--- title: "Kingboard Laminates tumbles 8% as PCB peers retreat" type: "News" locale: "en" url: "https://longbridge.com/en/news/296179686.md" description: "Kingboard Laminates tumbled 8% as HK PCB stocks sold off; UBS and BofA initiated with buy ratings." datetime: "2026-08-18T05:23:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296179686.md) - [en](https://longbridge.com/en/news/296179686.md) - [zh-HK](https://longbridge.com/zh-HK/news/296179686.md) generator: "portal-rs" --- # Kingboard Laminates tumbles 8% as PCB peers retreat Kingboard Laminates (1888.HK) **tumbled 8%** to HK$39.10 in Hong Kong trading, as the stock hit an intraday low of HK$38.50 on turnover of roughly HK$2.96 billion. The decline tracked a broader selloff in Hong Kong-listed PCB stocks, with peers including Kingboard Holdings (0148.HK) also posting losses. Despite the pullback, brokerages remain constructive. UBS and Bank of America Securities both initiated coverage with buy ratings and price targets of HK$58 and HK$53, respectively, citing tight supply in copper-clad laminates driven by AI demand. Citi cut its target to HK$92 with a buy/high-risk rating, expecting second-half net profit growth of roughly 2.8 times year on year. CICC noted Kingboard Laminates may be added to the Hang Seng Tech Index upon its upcoming expansion. ### Related Stocks - [01888.HK](https://longbridge.com/en/quote/01888.HK.md) ## Related News & Research - [Citi Forecasts KB LAMINATES to Raise Prices Again in Early Oct; Buy Rating Reiterated](https://longbridge.com/en/news/297724159.md) - [Kingboard Laminates FY26 H1 net profit more than doubled to HK$ 2.89 billion; revenue rises 55% to HK$ 14.9 billion](https://longbridge.com/en/news/296734193.md) - [iQPS releases first-light SAR images from QPS-SAR-18 “SUSANOO-II” satellite](https://longbridge.com/en/news/298680188.md) - [2G Energy buys 50% stake in container solutions maker LC Systems](https://longbridge.com/en/news/298691485.md) - [Kingboard Laminates: AI boom drove 55% revenue and 209% net profit growth, with major capacity expansions underway](https://longbridge.com/en/news/296735345.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**