On July 3, Kingboard Laminates rose 3.52% in regular trading, trading at HK$82.7/share, with turnover of HK$2.117 billion. The stock staged a technical recovery following a near-15% collapse in the prior session.

The previous day's sell-off was triggered by reports that Samsung Electronics and SK Hynix are negotiating with upstream substrate manufacturers to lower supply prices in the second half. The Korean chipmakers had accepted average price increases of 3%-4% earlier this year in response to raw material cost pressures, but with gold and copper prices stabilizing, negotiations have shifted toward price reductions. The PCB sector saw broad-based declines on July 2, with Kingboard Laminates falling nearly 16%, while peers including Guanghe Technology dropped over 22% and VG Technology fell over 14%.

Adding to selling pressure, three company directors simultaneously reduced holdings totaling approximately 896,000 shares on June 26, involving proceeds of around HK$89.85 million. Today's sector performance remains mixed, with parent Kingboard Holdings still down 3.27%, suggesting sentiment has not fully recovered despite the technical bounce.

(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.)