On August 3, KB LAMINATES fell 4.01% in regular trading, trading at HK$27.8 per share, with turnover of HK$105 million. The stock continued to retreat after failing to hold gains triggered by a profit alert issued on July 30.

The company announced expected first-half net profit exceeding HK$2.8 billion, up over 200% year-over-year, driven by tight supply of copper-clad laminates and upstream materials including electronic fiberglass yarn, fiberglass fabric, and copper foil, leading to both higher prices and volumes. On July 31, shares surged as high as HK$36.5 before reversing sharply to close at HK$29.56, with intraday amplitude exceeding 20%, signaling heavy selling pressure.

The failed rebound is attributed to sustained large-scale disposals by major shareholders, who collectively cashed out over HK$20 billion within a single month. Executive director Zhang Jiahao sold 1 million shares at HK$42.10 per share on July 20. Market participants noted that the persistent overhang from insider selling has overwhelmed the positive earnings momentum, with the stock now trading well below its post-announcement highs.

(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.)