Kingboard Holdings sees HK$1.11 billion in share transfers, representing 2.21% of total market cap

Stock News

08/07

According to the latest data from the Hong Kong Stock Exchange on August 6, KINGBOARD HLDG (00148) experienced a notable change in share positions, with a total transfer value of HK$1.11 billion, accounting for 2.21% of its market capitalization. Shareholders transferred 18.5338 million shares to Merrill Lynch Far East, while 10.5101 million shares were moved out of BNP Paribas.

KINGBOARD HLDG issued an announcement stating that the group expects to record a net profit exceeding HK$2.7 billion for the six months ending June 30, 2026, representing an increase of over approximately 4% compared to the same period in 2025.

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