JP-KBLH@EC2609B

Keenon Build-up Boards Stock Price Hits New High Benefiting from AI Infrastructure Boom

Citibank Raises Profit Forecast and Target Price for Baotai Laminates

Kingboard to Place Shares in Kingboard Laminates

DAH CHONG HONG Upgrades Target Price for Kinsus to HKD 25.3 and Rates as Buy

Citibank Raises Forecast and Target Price for Kingboard

Kingboard Plans to Invest Hundreds of Billions in New Projects

KB LAMINATES released FY2025 Q3 earnings on March 16 (BJT), actual revenue HKD 5.406 B, actual EPS HKD 0.2402

KB Laminates released FY2025 9 Months Earnings on March 16, 2026 (BJT), with actual revenue of HKD 14.99 B and actual EPS of HKD 0.5391

KB Laminates released FY2025 earnings on March 16 Pre-Market (BJT), actual revenue HKD 20.4 B (forecast HKD 21.83 B), actual EPS HKD 0.78 (forecast HKD 0.715)

KB LAMINATES released FY2025 Q4 earnings on March 16 Pre-Market (BJT), actual revenue HKD 5.406 B, actual EPS HKD 0.2401

KB LAMINATES to release FY2025 earnings on March 16, Pre-Market BJT; forecast revenue HKD 21.83 B, EPS HKD 0.715

Guotai Haitong Securities Maintains Buy Rating on Tate & Lyle Circuit Boards

Kamfoo Group's Net Profit Expected to Exceed HK$4.32 Billion in 2025

Kebo PCB Anticipates Over 80% Profit Growth to Exceed HK$2.39 Billion in 2025

Citi Gives Taconic Laminate Board an Overweight Rating, Dechert Motor Holdings a Neutral Rating

Kingboard Benefits from AI Market Growth, Reports Record High Earnings in H1

Kingboard Issues Price Hike Notice to Clients Due to Rising Costs

Company Directors of Buildar Layer Board Exercised Preferential Subscription Rights to Issue 750,000 Shares

Kingboard Raises Copper Clad Laminate Prices Due to Cost Pressures

QINGDAO HLDGS

QIANHAI HEALTH

GUOXIA TECH

BITSTRAT HLDGS

KIN SHING HLDGS

AV CONCEPT HOLD

DATRONIX HOLD

HAITIAN ANTENNA

PRODUCTIVE TECH

INVESTECH HLDGS

01888

02338

01171

02513

00857

09926

00100

06082

09868

01801

KB LAMINATES(01888) rose 10.63%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 158.8%. WEICHAI POWER(02338) rose 6.76%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 87.6%. AKESO(09926) fell 12.66%, with a trading turnover 3.1 Billion HKD, and a year-to-date rose 15.4%. MINIMAX-W(00100) fell 7.49%, with a trading turnover 1.5 Billion HKD, and a year-to-date rose 420.3%.

- The Hang Seng Index fell by 0.95%, with a year-to-date increase of 1.1%, while the Hang Seng Tech Index decreased by 1.98%, down 11.8% for the year.  
- Jian Tao Jici Ban (01888) rose by 10.63% with a trading volume of 1.76 billion HKD, marking a 158.8% year-to-date increase.  
- Weichai Power (02338) increased by 6.76% with a trading volume of 1.06 billion HKD, showing a 87.6% year-to-date rise, whereas Kangfang Biotech (09926) declined by 12.66%.

Top Gainers & Losers

KB LAMINATES

WEICHAI POWER

YANKUANG ENERGY

KNOWLEDGE ATLAS

PETROCHINA

AKESO

MINIMAX-W

BIREN TECH

XPENG-W

INNOVENT BIO

Top 5 HK Stock Gainers/Losers (>100B) (4.23)

00679

02427

06090

02589

00568

02632

01133

02465

00326

ASIA TELE-NET(00679) rose 22.75%, with a trading turnover 82.9 Million HKD, and a year-to-date rose 933.7%. GUANZE MEDICAL(02427) rose 22.47%, with a trading turnover 17.5 Million HKD, and a year-to-date rose 835.8%. BUTONG GROUP(06090) rose 16.52%, with a trading turnover 927.6 Million HKD, and a year-to-date fell 48.5%.

ASIA TELE-NET

GUANZE MEDICAL

BUTONG GROUP

AUNTEA JENNY

SHANDONG MOLONG

NEW VISION CO

HARBIN ELECTRIC

LOPAL TECH

CHINA STAR ENT

Top 10 HK Stock Gainers (4.23)

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01232

Hong Kong stock market overview in the past hour Market sentiment seems to be gradually warming up amid recent fluctuations, especially with small-cap stocks and thematic stocks showing active performance. The strong rise of BUTONG GROUP, particularly in the technology and consumer sectors, has attracted considerable attention from funds, with short-term enthusiasm significantly increasing. Overall, the divergence between gains and losses has intensified, and fund preferences appear to be shifting towards high-growth stocks, with increased volatility indicating a more active market. The most notable stock movements in the past hour The performance of BUTONG GROUP has been particularly outstanding, with a rise of 23.33%. The stock quickly surged in the early trading session, attracting a large influx of short-term funds, creating a high level of enthusiasm and driving the overall market upward. Strong stocks 1. LAPCO HOLDINGS: up 21.33%, recent optimistic expectations for its prospects have driven a rapid increase in stock price, with active short-term fund participation. 2. GW TIANDI: up 20.00%, against the backdrop of warming market sentiment, this stock has performed well, attracting considerable investor attention. 3. AUNTEA JENNY: up 17.42%, with expectations of consumer recovery, this stock's short-term performance has been quite impressive, with noticeable fund inflows. 4. SEM HLDGS: up 15.63%, recent earnings forecasts have sparked a strong market reaction, pushing the stock price upward. 5. SHANDONG MOLONG: up 12.36%, against the backdrop of industry recovery, this stock has also shown relatively strong performance, attracting considerable fund attention. 6. KB LAMINATES: up 10.95%, the market holds an optimistic view of its future development, with active short-term fund chasing

HK Stock Movers Tracker

LAPCO HOLDINGS

GW TIANDI

SEM HLDGS

DEEPEXI TECH

SILKWAVE INC

51WORLD

CNT GROUP

PEGBIO CO-B

Hong Kong Stock Movement Update: Hong Kong stocks rebounded strongly, with BUTONG GROUP and LAPCO HOLDINGS rising over 20%

KB LAMINATES rose 10.95%; Shenghong Technology fell 5.46%, with a transaction volume of HKD 1.87 billion; Kwan Hung Group rose 1.90%, with a transaction volume of HKD 644 million; Guanghe Technology rose 2.08%, with a transaction volume of HKD 627 million; Lens Technology fell 4.19%, with a market value of HKD 90.6 billion

Hong Kong Stock Movement: KB LAMINATES rises 10.95%, driven by the dual benefits of the upcoming peak season and price increase expectations boosting the stock price

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02038

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GPIXEL(03277) rose 36.17%, with a trading turnover 1.5 Billion HKD, and a year-to-date rose 144.5%. FIH(02038) rose 16.46%, with a trading turnover 243.1 Million HKD, and a year-to-date rose 32.9%. AUNTEA JENNY(02589) rose 14.87%, with a trading turnover 210.1 Million HKD, and a year-to-date rose 35.4%.

GPIXEL

JOYSON ELEC

BLOKS

RIMAG GROUP

STAR SHINE HLDG

Top 10 HK Stock Gainers (4.21)

KB LAMINATES rose 10.96%; Kingboard Group rose 5.98%, with a transaction amount reaching HKD 391 million; Guanghe Technology rose 10.07%, with a transaction amount reaching HKD 348 million; Sunny Optical Technology fell 0.88%, with a transaction amount reaching HKD 318 million; Lens Technology fell 3.55%, with a market value of HKD 104.6 billion

Hong Kong stock movement: KB LAMINATES rises 10.96%, intensified competition in high-end CCL, how does the market react?

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According to statistics from CINNO•ICResearch, the total investment in China's circuit board industry is expected to reach 105.3 billion yuan in 2025, a year-on-year increase of 2.9%. Although the number of investment projects has decreased, the investment scale of individual projects has significantly increased, with the focus shifting towards high-end products. AI computing power dedicated PCBs have become the main growth driver. Automotive electronic PCBs have also performed strongly, benefiting from the development of new energy vehicles and intelligent driving. The overall industry will bid farewell to the mid-to-low-end layout and enter a new stage dominated by high-end products

腾讯新闻 - 财经

China Merchants CSI New Energy Vehicles ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

SPDR S&P Semicon

Hwabao WP CSI Electronic 50 ETF

Guotai CSI 800 Automobile and Parts ETF

ChinaAMC CSI Auto Components Thematic ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

GF Fund CSI Semiconductor Material Equipment Theme ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

ChinaAMC Guozheng Semiconductor Chip ETF

Dacheng SZSE ChiNext Artificial Intelligence ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Tianhong SSE STAR Chip Design Thematic ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

China Merchants CSI Semiconductor Industry ETF

Guotai CSI New Energy Vehicles ETF

Guotai CSI All Share Integrated Circuit ETF

Ping An CSI Auto Components Thematic ETF

Hua Xia CSI New Energy Vehicles ETF

Direxion Semicon Bull 3X

Harvest CSI All Share Integrated Circuit ETF

Guotai CES Semiconductor Chip Industry ETF

HFT CSI Auto Components Thematic ETF

iShares Semiconductor ETF

Fullgoal SSE STAR Artificial Intelligence ETF

E Fund CSI Auto Components Thematic ETF

Harvest SSE STAR Chip ETF

Institution: In 2025, China's printed circuit board industry investment is expected to grow by 3% year-on-year, with AI computing power PCB becoming the core engine of growth

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Citi analyst maintained a Buy rating on Kingboard Laminates Holdings yesterday and set a price target of HK$30.00.Claim 70% Off TipRanks PremiumUnlock 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 Currently, the analyst consensus on Kingboard Laminates Holdings is a Moderate Buy with an average price target of HK$25.00.

Tip Ranks

KINGBOARD HLDG

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

New Buy Rating for Kingboard Laminates Holdings (1888), the Technology Giant

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On March 18th at noon, the three major indices of the Hong Kong stock market collectively adjusted and entered a consolidation period, with the Hang Seng Index closing at 25,824.7 points. The performance of market sectors was mixed, with the electronic components and retail sectors being relatively active, driven by Hongteng Precision and Quantitative Partners, while the weak performance of leading internet stocks dragged the Hang Seng Technology Index down by 0.81%. Influenced by expectations of export recovery and variables in mainland policies, the flow of funds showed structural characteristics, and changes in market volume will dominate the afternoon's rhythm

Market Heartbeat

FIT HON TENG

BABA-W

JD-SW

GDS-SW

ZTO EXPRESS-W

SHANGHAI FUDAN

KINGSOFT CLOUD

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

CAM HS TECH

CSOP HS TECH

ISHARESHSTECH

Tianhong Hang Seng TECH ETF(QDII)

GX HS TECH

HSTECH ETF

Hong Kong Stock Midday Review | Hang Seng Index down 0.17%, maintaining consolidation, GDS and ZTO EXPRESS strengthen against the trend

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During the trading session, the three major indices of the Hong Kong stock market maintained high-level fluctuations, with the Hang Seng Index down 0.04%, the Hang Seng TECH Index down 0.67%, and the Hang Seng China Enterprises Index down 0.40%, all failing to break through yesterday's highs, indicating a strong wait-and-see sentiment among investors. In terms of sectors, electronic components and internet content showed mixed performance, while retailers were boosted by certain companies. KB LAMINATES and Tencent Holdings saw active trading, with popular stocks such as Shanghai Fudan and ZTO EXPRESS showing significant gains, while the overall market turnover remained high and volatile

- On March 18, Hong Kong's stock indices showed weak fluctuations, with the Hang Seng Index at 25,858.35, down 0.04%.  
- Investors remained cautious, with limited significant macro data influencing the market; attention was focused on economic growth, inflation, and employment indicators.  
- Notable stocks included Shanghai Fudan, which rose 6.98%, and ZTO Express, which increased 4.76%, amidst a market environment characterized by cautious investor sentiment.

TENCENT

KUAISHOU-W

NTES-S

Hang Seng Index

China Southern Hang Seng ETF

Hang Seng TECH ETF I

TRACKER FUND

FI2 CSOP HSI

AXA SPDB CSI Hugangshen Game and Culture Media ETF

ChinaAMC Hang Seng ETF

HSCEI ETF

FI CSOP HSI

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng China Enterprises Index

FL2 CSOP HSI

Hang Seng TECH Index

Hong Kong Stock Market Intraday | Hang Seng Index fluctuates at a high level, MINIMAX-W rises 10.84%

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.

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

Kingboard to Offload 4.15% Stake in Kingboard Laminates via Discounted Block Trade

Kingboard to Offload 4.15% Stake in Kingboard Laminates via Discounted Block Trade

Reuters

Kingboard Holdings launches $350 mln Kingboard Laminates block trade, term sheet shows

JP-KBLH@EC2609B(28272.HK)

JP-KBLH@EC2609B Stock Performance Chart

Top 5 HK Stock Gainers/Losers (>100B) (4.23)

Top 10 HK Stock Gainers (4.23)

Hong Kong Stock Movement Update: Hong Kong stocks rebounded strongly, with BUTONG GROUP and LAPCO HOLDINGS rising over 20%

Hong Kong Stock Movement: KB LAMINATES rises 10.95%, driven by the dual benefits of the upcoming peak season and price increase expectations boosting the stock price

Top 10 HK Stock Gainers (4.21)