On June 3, Kingboard Holdings rose 3.23% in regular trading, trading at 62.55 HKD/share, with trading volume of 496 million HKD, rebounding after two consecutive sessions of pullback.
On the news front, major copper clad laminate (CCL) manufacturers including Kingboard, Shengyi Technology, and Jin'an Guoji issued Q3 price hike notices in early June, with increases generally ranging from 10% to 15%. This marks the second round of comprehensive price increases since the beginning of the year. Notably, Kingboard Laminates has undergone seven price hikes since last year, primarily driven by tight upstream raw material supply including electronic cloth and copper foil.
Zhangshang Securities noted that AI PCB supply chain ordering pace accelerated in Q2, with new capacity matching downstream AI server orders for sustained release, supporting high sequential earnings growth. Peer KB Laminates surged 6.52% on the same day, demonstrating significant sector linkage effects.
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