Movement Alert|Kingboard Holdings Falls 3.54% in Regular Trading, NVIDIA Kyber Architecture Delay Continues to Weigh on PCB Sector

Market Focus
Jul 13

On July 13, Kingboard Holdings fell 3.54% in regular trading, trading at HK$68.7/share, with turnover of HK$357 million, extending recent weakness.

On the news front, semiconductor research firm SemiAnalysis previously disclosed that NVIDIA's Kyber NVL144 rack architecture has been delayed over 12 months to 2028 due to PCB mid-board manufacturing challenges, a development that continues to suppress PCB industry chain valuations. On the same day, subsidiary KB Laminates fell over 6%, reflecting broad sector pressure. Among Electronic Components peers, KB Laminates dropped 7.32%, LINGYI ITECH fell 8.1%, and CCTC declined 3.62%.

Additionally, major shareholder Hallgain Management Limited has cumulatively divested over HK$9 billion since late June, reducing its stake to 31.54%, approaching the 30% mandatory general offer threshold. While the pace of disposals is expected to slow near this regulatory red line, the overhang from prior intensive selling has not been fully absorbed by the market.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10