On July 10, Kingboard Laminates rose 4.28% in regular trading, trading at HKD 69.9 per share, with turnover of HKD 164 million, extending its recent rebound trajectory.

On the news front, the PCB industry chain price hike wave continues to spread. Kingboard Laminates has issued its sixth price increase notice this year, raising copper foil value-added profit with 1.5oz copper foil up 5 yuan per kilogram and 2oz copper foil up 8 yuan per kilogram, representing increases exceeding 25%. Simultaneously, upstream glass cloth suppliers are also raising prices, while leading CCL enterprises maintain strong cost pass-through capability, leaving downstream customers virtually no room for price negotiation.

The stock had previously suffered a cumulative decline exceeding 18% over two trading days due to rumors that NVIDIA's Kyber NVL144 rack faced PCB manufacturing delays of over 12 months. Following NVIDIA's official denial and support from major brokerages including Citi — which raised its target price from HKD 120 to HKD 130 with a Buy rating and upgraded earnings estimates by 11-12% — market panic has been gradually subsiding.

(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.)