On August 12, KB LAMINATES rose 3.6% in regular trading, trading at HK$36.06/share, with turnover of HK$212 million, extending the rebound from its recent sharp decline.

On the news front, the company recently announced a 10% price increase for FR-4 copper clad laminates and PP prepreg sheets. August average prices for three major electronic cloth series surged 17-18% month-over-month, with year-to-date cumulative gains reaching 118-165%, accelerating cost pass-through to the CCL segment. The company previously issued a profit alert forecasting H1 net profit exceeding HK$2.8 billion, representing over 200% year-over-year growth, with formal interim results scheduled for August 24. Additionally, UBS initiated coverage with a Buy rating and HK$58 target price, citing the stock's approximately 60% pullback from its June high as an attractive opportunity, noting AI demand is tightening CCL and upstream material supply. However, major shareholders have cumulatively reduced holdings by over HK$20 billion year-to-date, with selling pressure remaining a key constraint on price recovery.

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