$KB LAMINATES (01888.HK)$ The stock price surged in the afternoon, hitting a new all-time high. As of the latest update, it rose by 7.55%, trading at HKD 30.48, with a turnover of HKD 900 million.
In terms of market news, in early April, Jian滔 Laminates, the leading manufacturer of copper-clad laminates (CCL), announced a uniform 10% increase in prices for substrate materials and prepreg (PP). The price adjustment was driven by significant increases in the costs of upstream core raw materials such as resin and electronic fiberglass cloth, coupled with tight supply conditions.
Shanghai Securities stated that the full-year performance of printed circuit boards (PCB) is expected to materialize in the 2025 annual report, with order demand in 2026 likely to continue driving earnings growth. This will validate PCB manufacturers' expectations and capacity ramp-up, transitioning from “expectation-driven” to “performance realization”-driven growth. The debut of next-generation computing products like the Rubin architecture, combined with multiple demands such as orthogonal backplanes and LPU cabinets, signals a global upgrade in AI computing hardware. The PCB industry’s output value is poised for a substantial leap.
Editor/Jayden