HUKINGB@EC2703A

Citibank Upgrades Earnings Forecast for Kingboard to 2028

Citibank Raises Profit Forecast and Target Price for Baotai Laminates

Kamfoo Group Publishes 2025 ESG Report, Covering Real Estate and Hotel Business

Hallgain Management Limited Increased Its Holdings in Keendow Group by 1.457 Million Shares

Hallgain Management Increased Holdings in Kingboard by 2.03 Million Shares

Hallgain Management Limited Increased Holdings of TAT PARAGON 2,029,500 Shares

Citi Downgrades Taconic Group's 2026 Profit Forecast, Upgrades 2027 Forecast, Sees Promise in AI Material Investments

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

KINGBOARD HLDG released FY2025 Q3 earnings on March 16, 2026 (BJT) with actual revenue of HKD 11.88 B and EPS of HKD 0.8185

KINGBOARD HLDG released FY2025 9 Months earnings on March 16 (BJT), actual revenue HKD 33.49 B, actual EPS HKD 3.1475

Chairman of Kinsun Group Sees Potential in Hong Kong Northern Metropolis and Considers Investment

KINGBOARD HLDG released FY2025 earnings on March 16 Pre-Market (BJT), actual revenue HKD 45.38 B (forecast HKD 47.57 B), actual EPS HKD 3.965 (forecast HKD 8.21)

KINGBOARD HLDG released FY2025 Q4 earnings on March 16 Pre-Market (BJT), actual revenue HKD 11.88 B, actual EPS HKD 0.8185

FMR LLC reduced holdings in Kingboard Holdings by 1.1735 million shares

KINGBOARD HLDG to release FY2025 earnings on March 16 Pre-Market (BJT), forecast revenue HKD 47.57 B, EPS HKD 8.21

FMR LLC Reduces Holdings of TAT PARAGON 1.0125 Million Shares

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

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RONGZUN INT’L H

ASIA PIONEER

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HAITIAN ANTENNA

CENTRALCHINA MT

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TOMO HOLDINGS

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WT GROUP

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Citi has raised its earnings forecasts for KINGBOARD HLDGby 50% to 61% for 2026-2028 and increased its target price from HKD48 to HKD65. This adjustment is attributed to shortages in glass fiber, copper foil, and copper clad laminates due to a surge in AI infrastructure investment. The bank anticipates a significant shift in KINGBOARD HLDG's earnings mix towards the laminates segment, projecting its contribution to net profit to rise from 38% in 2025 to 87% in 2028. Citi maintains a Buy rating on the stock.

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KINGBOARD HLDG

Citigroup

KB LAMINATES

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi Raises KINGBOARD HLDG  TP to HKD65 on AI Infrastructure Boost

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Hong Kong PCB concept stocks experienced gains during trading. According to Jin10, Guanghe Technologysaw an increase of over 10%, Kingboard Laminatesrose nearly 9%, and Kingboard Holdingsclimbed 4.5%. Other stocks, such as Han's CNC, also followed the upward trend.

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HANS CNC

Han's CNC

STOCKS | Hong Kong PCB Concept Stocks Rise

KINGBOARD HLDG (148.HK) current price is 44.320, down 7.63% for the day, with an intraday decline exceeding 8%, and a market capitalization of 48.9 billion. The company is a manufacturer of copper-clad laminates and multilayer boards. Previously, due to the hype around AI concepts, the stock price of KINGBOARD HLDG reached a new high before quickly retreating. Recently, the company announced a price increase for its products, but short-term funds have clearly taken profits, and the market is paying attention to the subsequent price transmission and demand performance

Movers Alert

Kingboard Holdings (148.HK) Drops Over 7% Intraday

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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.

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ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

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

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

Kingboard HLDG (148) and KB LAMINATES (1888) announced their annual results, with basic net profit rising 207% to HKD 4.98 billion and revenue increasing 5% to HKD 45.38 billion. The group plans to invest approximately HKD 10 billion in new projects, expecting a significant increase in AI output. The final dividend increased by 51% to HKD 1.51 per share. The supply of specialty electronic glass fiber yarn is in short supply, and plans are underway to expand the factory in Guangdong Province to enhance production capacity

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KINGBOARD HLDG increased its dividend last year due to outstanding performance, with new projects worth 10 billion yuan gradually coming into production, expecting a significant increase in AI output value

HUKINGB@EC2703A(29011.HK)

Citi Raises KINGBOARD HLDG TP to HKD65 on AI Infrastructure Boost

STOCKS | Hong Kong PCB Concept Stocks Rise

Kingboard Holdings (148.HK) Drops Over 7% Intraday

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

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

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

KINGBOARD HLDG increased its dividend last year due to outstanding performance, with new projects worth 10 billion yuan gradually coming into production, expecting a significant increase in AI output value