On July 15, Kingboard Laminates rose 3.52% in regular trading, trading at 60.35 HKD/share, with turnover of 301 million HKD.

On the news front, multiple core PCB companies released H1 earnings previews on July 13, reporting significant year-over-year and quarter-over-quarter profit growth. Additionally, Nvidia CEO Jensen Huang denied rumors of Rubin Ultra delays, confirming shipments will proceed as planned next year, boosting confidence across the AI hardware supply chain. Galaxy Securities noted that AI chip demand for high-end PCBs is expected to continue expanding, with room for PCB valuation re-rating.

The stock had previously surged over 14% on July 14 on the same catalysts. Fundamental support remains intact as the company has issued its sixth price-hike notice this year, with FR-4 prices raised 15% and copper foil value-added profit increased over 25%. Citi maintains a Buy rating with a 130 HKD target price, viewing prior pullbacks as buying opportunities.

(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.)