--- title: "KINGBOARD HLDG Chairman Confident Both Companies Will Earn HKD10B This Yr, Says HK Stocks Attractive, Private Investments Gain HKD2.1B YTD" type: "News" locale: "en" url: "https://longbridge.com/en/news/296767337.md" description: "KINGBOARD HLDG Chairman Cheung Kwok Wing expressed confidence that both KINGBOARD and KB LAMINATES will earn over HKD10 billion this year, driven by AI demand. He announced a HKD9 billion capacity expansion for KB LAMINates through 2028, funded internally. Additionally, he highlighted the attractiveness of undervalued Hong Kong stocks, revealing recent investments in Galaxy Entertainment, MGM China, and China Mobile. His personal investment gains reached HKD2.1 billion year-to-date." datetime: "2026-08-24T09:56:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296767337.md) - [en](https://longbridge.com/en/news/296767337.md) - [zh-HK](https://longbridge.com/zh-HK/news/296767337.md) generator: "portal-rs" --- # KINGBOARD HLDG Chairman Confident Both Companies Will Earn HKD10B This Yr, Says HK Stocks Attractive, Private Investments Gain HKD2.1B YTD KB LAMINATES (01888.HK) -2.180 (-5.848%) Short selling $481.27M; Ratio 18.007% Chairman Cheung Kwok Wah said at the results press conference that the company, driven by AI demand, will continue substantial capacity expansion from 2027 to 2028. He said the capacity expansion will involve total capex of about HKD9 billion through 2028, which will be supported by the company's own profitability without the need for additional financing. The group's profit for July alone already reached HKD1.1 billion, and third-quarter profit is expected to match that of 1H26. KINGBOARD HLDG (00148.HK) -1.220 (-2.607%) Short selling $174.82M; Ratio 17.342% Chairman Cheung Kwok Wing expressed he is highly optimistic about AI-driven demand for glass fabric and copper-clad laminates over the next two years, and is very confident that both companies will earn more than HKD10 billion this year. On investments, he said Hong Kong stocks remain undervalued and described them as extremely attractive buys. He revealed that he recently selected two Macau gaming stocks, GALAXY ENT (00027.HK) -0.120 (-0.333%) Short selling $226.31M; Ratio 49.921% and MGM CHINA (02282.HK) +0.040 (+0.390%) Short selling $13.32M; Ratio 57.542% , as well as CHINA MOBILE (00941.HK) -0.450 (-0.543%) Short selling $103.86M; Ratio 7.188% . He also holds TENCENT (00700.HK) -17.000 (-3.720%) Short selling $1.28B; Ratio 9.913% , but not BABA-W (09988.HK) -10.500 (-8.537%) Short selling $14.20B; Ratio 34.987% . Speaking of his personal investment performance, he disclosed that he earned HKD3.3 billion for the full year last year and has earned HKD2.1 billion so far this year, targeting to challenge HKD3 billion by year-end. He described his investment style as relatively prudent. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-24 16:25.) ### Related Stocks - [00148.HK](https://longbridge.com/en/quote/00148.HK.md) - [01888.HK](https://longbridge.com/en/quote/01888.HK.md) - [00188.HK](https://longbridge.com/en/quote/00188.HK.md) - [GXYYY.US](https://longbridge.com/en/quote/GXYYY.US.md) - [00027.HK](https://longbridge.com/en/quote/00027.HK.md) - [02282.HK](https://longbridge.com/en/quote/02282.HK.md) - [00941.HK](https://longbridge.com/en/quote/00941.HK.md) - [600941.CN](https://longbridge.com/en/quote/600941.CN.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [HCMD.SG](https://longbridge.com/en/quote/HCMD.SG.md) - [80941.HK](https://longbridge.com/en/quote/80941.HK.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) ## Related News & Research - [Kingboard Laminates: AI boom drove 55% revenue and 209% net profit growth, with major capacity expansions underway](https://longbridge.com/en/news/296735345.md) - [Kingboard Laminates FY26 H1 net profit more than doubled to HK$ 2.89 billion; revenue rises 55% to HK$ 14.9 billion](https://longbridge.com/en/news/296734193.md) - [KB LAMINATES 1H26 Net Profit Soars 2.09x, Raises Dividend; Afternoon Losses Narrow](https://longbridge.com/en/news/296740841.md) - [Kingboard Holdings declares interim dividend of HKD 0.73 per share](https://longbridge.com/en/news/296734795.md) - [Kingboard Laminates Delivers Strong Interim Earnings Surge and Hikes Dividend](https://longbridge.com/en/news/296740815.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**