On June 24, Kingboard Laminates rose 4.41% in regular trading, trading at HK$89.2/share with turnover of HK$296 million, rebounding from a more than 5% decline in the prior session.

On the news front, the company completed its fifth price increase of the year on June 16, raising FR-4 and PP material prices by 15%. The interval between this and the previous hike was only 20 days, marking the shortest pricing cycle in the company's history, with cumulative year-to-date price increases exceeding 40%. Surging AI computing demand continues to drive a tight supply environment for high-end CCL, with M8/M9 high-speed CCL lead times extending to 4-6 months and manufacturers restricting order intake. North American cloud operators have raised capital expenditure growth to 79% year-over-year, fueling demand across AI server core materials.

Additionally, southbound capital has recorded net purchases of Kingboard Laminates for 11 consecutive trading days, reflecting strong market expectations for the sustainability of the CCL price upcycle. Analyst forecasts project net profit compound growth exceeding 30% through the coming years, supported by rising capacity utilization and expanding product pricing power.

(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.)