On August 6, KB LAMINATES fell 5.48% in regular trading, trading at 32.98 HKD/share, with turnover of HKD 159 million. The rebound momentum from the prior two trading sessions failed to sustain.

On the news front, despite the company having issued a positive profit alert forecasting first-half net profit exceeding HKD 2.8 billion (up over 200% YoY) driven by tight supply and rising prices in copper-clad laminates and upstream materials, major shareholders have cumulatively sold shares worth over HKD 20 billion year-to-date. Multiple directors conducted intensive disposals at elevated price levels during June and July, with massive selling volumes creating persistent capital-flow headwinds that continue to suppress the share price. The fundamental positives have been unable to effectively offset the heavy selling pressure.

The company is scheduled to release formal interim results and dividend details on August 24. Citigroup previously reiterated a Buy rating with a target price of HKD 130, viewing the decline as excessive. Subsequent major shareholder disposal activity remains the core risk factor for the stock.

(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.)