$KB LAMINATES(01888.HK) A while back, the safest strategy for Kingboard Laminates (1888) was to wait for the HK$38–40 range before starting to accumulate in tranches. Today, it surged strongly by 12.34%, closing at HK$47.52 and touching a high of HK$48.9, far exceeding the original short-term target of HK$43–45.
Old friends who followed the strategy of positioning at low levels really caught a significant portion of this rebound rally.
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