On August 25, KB LAMINATES rose 3.3% in regular trading, trading at HK$36.66/share with turnover of HK$591 million, rebounding from the prior session's post-earnings decline.

On the news front, Citi published a research note raising its earnings forecasts for the company over fiscal years 2026-2028 by 9-10%, citing July profitability slightly above expectations, and lifted its target price from HK$92 to HK$95 with a Buy rating. The upgrade follows the company's interim results released on August 24, which showed attributable net profit of HK$2.887 billion, up 209% year-over-year, on revenue of HK$14.904 billion, up 55%. The company noted that significant production capacity has shifted to AI-related products, causing severe shortages in traditional electronic fiberglass yarn and cloth supply. Copper-clad laminate shipment volume rose 14% year-over-year, with monthly average shipments exceeding 10 million sheets.

Within the Electronic Components sector, KINGBOARD HLDG rose 3.42% while VGT gained 0.81%.

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