On September 29, KINGBOARD HLDG rose 3.02% in regular trading, trading at HK$54.5/share, with turnover of HK$261 million, rebounding from a more than 9% decline in the prior session.

The rebound was supported by persistent buying from major shareholder Hallgain Management Limited, which has conducted multiple open-market purchases throughout September, lifting its stake from 31.6% to 31.9% at a cumulative cost exceeding HK$120 million. Chairman Zhang Guorong also made several personal purchases during the same period, raising his holding to 0.34%.

On the industry front, the broader PCB sector saw a synchronized recovery, with peers KB Laminates gaining 2.42% and Kinwong rising 4.39%. The sector remains underpinned by a robust pricing cycle: CCL leader KB Laminates has issued seven price-hike notices year-to-date, with cumulative FR-4 product increases surpassing 100%, while electronic cloth prices have surged over 160% year-to-date amid tight supply driven by AI server demand.

(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.)