On July 29, KB LAMINATES fell 3.91% in regular trading, trading at 32.36 HKD/share, with turnover of HK$746 million, extending its recent weakness.
On the news front, multiple negative factors continue to pressure market confidence. Major shareholder Hallgain Management Limited and several directors have been intensively reducing their holdings, while controlling shareholder Kingboard Holdings has conducted two large-scale disposals this year, cashing out approximately HK$14.5 billion in total. Executive director Cheung Ka Ho sold 1 million shares on July 20 at an average price of HK$42.10, involving approximately HK$42.1 million. Additionally, concerns over a potential price war triggered by concentrated release of forward PCB capacity, combined with profit-taking during the interim results window, have further weighed on the stock. The share price has now fallen over 60% from its high of HK$107.
Within the Electronic Components sector, KINGBOARD HLDG fell 3.55%, VGT fell 4.29%, and DELTON fell 7.82%, indicating broad sector weakness in PCB-related names.
(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.)