KB LAMINATES (01888) jumped more than 5% during trading. As of press time, the stock was up 5.03% to HK$13.37 with trading volume reaching HK$351 million.

On the news front, KB LAMINATES reported first-half revenue of HK$9.588 billion, representing an 11% year-over-year increase, while net profit reached HK$933 million, up 28% compared to the same period last year.

Additionally, the copper clad laminate (CCL) market has seen a recent wave of price increases, with KB LAMINATES, Willyoung, and Hongruixing all raising prices by 5-10 yuan per sheet on August 15.

Securities analysts noted that the company's CCL prices have already been adjusted upward for the second half of 2025, and robust PCB demand may support price stability. The second-half performance is expected to benefit from these developments. Looking ahead to 2026, the accelerated capacity expansion in high-end CCL and materials sectors, along with AI-related opportunities entering a realization phase, could drive valuation multiples higher. The actual financial contribution is anticipated to be concentrated in 2027, supporting a "buy" rating.