
KB LAMINATES Spikes ~7% to Record High; Citi Raises TP to HKD66

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KB LAMINATES (01888.HK) surged 7.83% to a record high of HKD55.95, with a last price of HKD54.6. Citi raised its target price from HKD51 to HKD66, citing a faster-than-expected rise in electronic-grade fiberglass cloth prices and anticipated increases in copper clad laminate prices. Earnings forecasts for 2026-28 were also raised by 16-24%.
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