Movement Alert|Kingboard Holdings Falls 4.94% in Regular Trading, PCB Sector Continues Pullback as Profit-Taking Pressure Mounts

Market Focus
Jun 04

On June 4, Kingboard Holdings fell 4.94% in regular trading, trading at 61.95 HKD/share, with trading volume of approximately 94.87 million HKD.

On the news front, PCB concept stocks extended a collective pullback, with the electronic components sector broadly weakening. Peers including KB Laminates, Shenghong Technology, and FIT Hon Teng all recorded declines of varying degrees, reflecting significant sector-wide linkage effects. Kingboard Holdings had previously hit consecutive all-time highs, with its 52-week peak reaching 69.10 HKD, intensifying short-term profit-taking pressure.

On the fundamental side, although copper clad laminate manufacturers issued Q3 price hike notices in early June with increases of 10%-15%, Soochow Securities noted that upstream raw material prices including electronic cloth have surged sharply. The market needs time to digest elevated valuations, with supply-demand gaps continuing to widen as Japanese and Korean suppliers show weak expansion willingness.

(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.)

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