On September 23, KINGBOARD HLDG rose 4.41% in regular trading, trading at HK$57.8/share, with turnover of HK$152 million. The stock extended its recent upward momentum driven by persistent insider buying and favorable industry dynamics.

On the news front, Chairman Zhang Guorong purchased an additional 20,000 shares on September 21 at HK$56.45 per share, raising his personal stake to approximately 3.7963 million shares, or 0.33%. Meanwhile, major shareholder Hallgain Management Limited has been aggressively accumulating shares since late August, purchasing approximately 606,000 shares across September 15-17 alone, lifting its stake to 31.80%. Total Hallgain purchases since late August have involved multiple tranches exceeding tens of millions of HK dollars.

On the industry front, subsidiary Kingboard Laminates has announced seven rounds of price increases year-to-date, with cumulative price hikes on certain copper-clad laminate products exceeding 100%, fueled by surging demand for high-end CCL driven by AI server buildouts. The broader PCB sector maintained strength, with KB LAMINATES up 3.73%, CCTC up 3.23%, and DELTON up 3.04%. The company reported interim revenue of HK$29.131 billion, up 35% year-over-year, with operating cash flow surging 308%.

(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.)