On July 6, Kingboard Holdings rose 7.35% in regular trading, trading at 105.3 HKD/share, with turnover of HKD 282 million.

On the news front, subsidiary Kingboard Laminates officially released a new price increase notice effective immediately. Citing surging AI server demand and tight upstream supply of glass cloth and copper foil, the company raised FR-4 prices by 15%, CEM-1/22F laminates by 10%, PP prepreg by 15%, and copper foil processing fees by HKD 5-8/KG depending on thickness. This marks the company's sixth price adjustment within the year, with an interval of only approximately 20 days since the last increase, setting a record for the shortest pricing cycle in history.

The broader PCB concept sector rallied on the news, with Kingboard Laminates gaining over 5% simultaneously. Citi previously maintained a Buy rating on Kingboard Holdings, projecting first-half net profit growth of 55.6% year-over-year to HKD 4.016 billion and revenue growth of 33%, driven by the AI-led upcycle in high-end laminate materials.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)