MS-KBLH@EC2611B

Gold Lion Plywood Issues 15.825M New Shares Upon Option Exercise

Citi Raises Citic Pacific (01888.HK) Target Price to HKD 80, Expects 273% Surge in H1 Net Profit

Citi Raises Cheung Fai Group Target Price to HKD 90, Maintains Buy Rating

Kingboard Laminates Raises Prices Effective May 27, Citi Maintains Buy Rating

Kingsun Laminate Raises Prices 10-20% Amid Soaring Raw Material Costs

Citi Upgrades Chitum's Earnings Forecast and Target Price to HKD 66, Cites AI Infrastructure Potential

Citibank Upgrades Earnings Forecast for Kingboard to 2028

PCB Substrate Supplier's Copper Clad Laminate Delivery Lead Time Extended to Six Weeks

Citi Raises Target Price for Taconic to HKD 43 with 'Buy' Rating

Guangdong Taconic Build-up Board Sales Co., Ltd. Raises Prices for Copper Clad Laminates and Prepreg Sheets

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

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)

WING FUNG GROUP

SYNERTONE

XI2CSOPMSTR-U

BJ DIGITAL

XI2CSOPMSTR

BIOSTAR PHARM-B

SOFTMEDX

ZHONGZI INTL H

B.DUCK SEMK

ASIAPAC FIN INV

01888

02476

09903

06869

03808

02513

00100

06082

01171

00857

KB LAMINATES(01888) rose 12.6%, with a trading turnover 4.8 Billion HKD, and a year-to-date rose 377.6%. VGT(02476) rose 12.53%, with a trading turnover 2.3 Billion HKD, and a year-to-date rose 81.4%. KNOWLEDGE ATLAS(02513) fell 13.55%, with a trading turnover 3.8 Billion HKD, and a year-to-date rose 877.6%. MINIMAX-W(00100) fell 8.58%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 181.5%.

Top Gainers&Losers

KB LAMINATES

ILUVATAR COREX

YOFC

SINOTRUK

KNOWLEDGE ATLAS

MINIMAX-W

BIREN TECH

YANKUANG ENERGY

PETROCHINA

Top 5 HK Stock Gainers/Losers (>100B) (6.9)

STECH

601988

00148

00HSI

07500

03115

02800

07200

07300

The Hang Seng Index closed down 91 points at 24,565, while the HSTECH Index rose 13 points to 4,769. Market turnover reached $308.92 billion. Tencent and Meituan gained, whereas Alibaba and Xiaomi declined. Notable movers included OOIL dropping over 5%, while Bank of China, Kingboard Holdings, and KB Laminates hit new highs.

- The Hang Seng Index (HSI) fell by 91 points or 0.4% to 24,565, while the Hang Seng Technology Index (HSTI) increased by 13 points or 0.3% to 4,769.  
- Significant shifts included Tencent's rise of 1.5% to $453.2 and notable declines in companies such as OOIL and PetroChina, which dropped by 5.2% and 4.6%, respectively.  
- Market turnover reached $308.92 billion, reflecting active trading despite the overall decline in major indices.

AASTOCKS News

Hang Seng TECH Index

Bank Of China

OOIL

KINGBOARD HLDG

BANK OF CHINA

Bank of China

MEITUAN

Meituan

Hang Seng Index

FI2 CSOP HSI

XL2CSOPHSTECH

ISHARESHSI

CSOP HS TECH

XI2CSOPHSTECH

HSTECH ETF

ISHARESHSTECH

TRACKER FUND

FL2 CSOP HSI

FI CSOP HSI

Hang Seng China Enterprises Index

TENCENT

BABA-W

XIAOMI-W

HORIZONROBOT-W

WUXI APPTEC

LAOPU GOLD

ENN ENERGY

SMIC

LENOVO GROUP

Lenovo Group

NEW ORIENTAL-S

AKESO

HAIZHI TECH GP

NEWBORNTOWN

QUANTGROUP

BRIGHT SMART

CNBM

QINGSONG HEALTH

SUNART RETAIL

BOC HONG KONG

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

MEITUAN-WR

Meituan HK SDR 5to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

PetroCN HK SDR 1to2

WuXi AppTec

Laopu Gld HK SDR 50to1

ENN Energy Holdings

SMIC HK SDR 5to1

LENOVO GROUP-R

CHINA NATIONAL BUILDING MATERIAL CO UNSP ADR EACH REPR 50 ORD

HSI Closes at 24,565, Down 91 pts; HSTI Closes at 4,769, Up 13 pts; OOIL Down over 5%; BANK OF CHINA, KINGBOARD HLDG, KB LAMINATES Hit New Highs; Market Turnover Rises

KB LAMINATES rose 13.32%; KB Group surged 22.72%, with a transaction volume reaching HKD 4.1 billion; Shenghong Technology increased by 9.75%, with a transaction volume of HKD 1.702 billion; Sunny Optical Technology rose 0.39%, with a transaction volume of HKD 841 million; Lens Technology increased by 1.52%, with a market value of HKD 134.4 billion

HK Stock Alerts

SUNNY OPTICAL

Lens

Hong Kong Stock Movement: KB LAMINATES rises 13.32% driven by a 273% profit increase and rising raw material prices

02359

603259

Hong Kong's Hang Seng Index closed midday at 24,620, down 36 points, while the HSTECH Index rose to 4,785. Tencent gained over 3%, and Bank of China and Kingboard Holdings hit new highs. Conversely, Wuxi AppTec and Lao Pu Gold declined significantly. Short selling data indicates notable activity across major constituents.

HENGAN INT'L

CK ASSET

HSI Closes Midday at 24,620, Down 36 pts; HSTI Closes Midday at 4,785, Up 29 pts; TENCENT Up over 3%; BANK OF CHINA, KINGBOARD HLDG, KB LAMINATES Hit New Highs

KB LAMINATES rose 15.19%; KB Group surged 20.28%, with a transaction volume reaching HKD 3.069 billion; Shenghong Technology increased by 7.27%, with a transaction volume of HKD 1.053 billion; Sunny Optical Technology fell 1.88%, with a transaction volume of HKD 588 million; Lens Technology dropped 1.20%, with a market value of HKD 131.1 billion

Hong Kong Stock Movement: KB LAMINATES rises 15%: Citigroup raises target price, Middle East situation boosts price increase expectations

KB LAMINATES rose 14.30%; Kingboard Group rose 19.02%, with a transaction volume of HKD 2.803 billion; Shenghong Technology rose 7.15%, with a transaction volume of HKD 974 million; Sunny Optical Technology fell 2.66%, with a transaction volume of HKD 520 million; Lens Technology fell 2.23%, with a market value of HKD 129.6 billion

Hong Kong stock movement: KB LAMINATES surged 14.3%, Citigroup raised profit forecast to HKD 80

KB LAMINATESsurged over 9% to a record high, prompting Citi to raise its target price to HKD80 and maintain a Buy rating. Citi expects a strong H1 2026 profit alert in mid-July, driven by soaring upstream costs and ASP hikes. Forecasts indicate H1 net profit will surge 273% YoY to HKD3.48 billion, with gross margins entering an upcycle exceeding historical peaks through 2028.

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

KB LAMINATES  Jumps Over 9% to Record High; Citi Raises TP to HKD80, Expects Strong 1H26 Profit Alert in Mid-Jul

02038

159131

As of June 9, 2026, the Hong Kong Stock Connect Information Technology ETF Hwabao (159131) opened high and surged over 2%, reported at HKD 1.044. Among the weighted stocks tracked by its index, FIH and KB LAMINATES saw significant gains. The latest size of the ETF reached HKD 1.29 billion, an increase of HKD 569 million compared to a month ago, with a net inflow of main funds of HKD 16.2668 million on the previous trading day

同壁财经

Hwabao WP CSI HK Connect Information Technology Composite ETF

Montage Technology

GIGADEVICE

VOBILE GROUP

BYD ELECTRONIC

PHANCY

SENSETIME-W

ASMPT

UBTECH ROBOTICS

MONTAGE TECH

SENSETIME-WR

Hong Kong stock chips, a major counterattack! The largest Hong Kong Stock Connect Information Technology ETF Hwabao (159131) opened high and surged over 2%

00232

00568

06651

02685

02715

02553

06031

CON AERO TECH(00232) rose 90.59%, with a trading turnover 377.6 Million HKD, and a year-to-date rose 171.1%. SHANDONG MOLONG(00568) rose 25.75%, with a trading turnover 2.2 Billion HKD, and a year-to-date rose 112.6%. KINGBOARD HLDG(00148) rose 15.08%, with a trading turnover 2.5 Billion HKD, and a year-to-date rose 144.4%.

MS-KBLH@EC2611B(29172.HK)

Top 5 HK Stock Gainers/Losers (>100B) (6.9)

HSI Closes at 24,565, Down 91 pts; HSTI Closes at 4,769, Up 13 pts; OOIL Down over 5%; BANK OF CHINA, KINGBOARD HLDG, KB LAMINATES Hit New Highs; Market Turnover Rises

Hong Kong Stock Movement: KB LAMINATES rises 13.32% driven by a 273% profit increase and rising raw material prices

HSI Closes Midday at 24,620, Down 36 pts; HSTI Closes Midday at 4,785, Up 29 pts; TENCENT Up over 3%; BANK OF CHINA, KINGBOARD HLDG, KB LAMINATES Hit New Highs

Hong Kong Stock Movement: KB LAMINATES rises 15%: Citigroup raises target price, Middle East situation boosts price increase expectations