On June 5, Kingboard Holdings fell 4.11% in regular trading, trading at 64.95 HKD/share, with trading volume of approximately 109 million HKD.
On the news front, PCB concept stocks extended their recent collective pullback, with the Electronic Components sector broadly weakening. Sector peers including KB Laminates fell 1.93%, VGT fell 4.48%, Lens Technology fell 3.01%, Sunny Optical fell 1.54%, and FIT Hon Teng fell 2.74%, demonstrating significant sector linkage effects.
Kingboard Holdings had previously rallied to consecutive all-time highs, with its 52-week peak reaching 69.10 HKD, intensifying short-term profit-taking pressure. Although Citi recently raised the company's target price from 65 HKD to 90 HKD and maintained a \"buy\" rating — noting that approximately 85% of core net profit by 2028 will come from laminate and PCB operations — the market still requires time to digest the substantial prior gains. Upstream electronic glass cloth prices have surged 60% to 95% year-to-date, sustaining supply-demand tightness across the PCB chain.
(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.)