HK Stock Market Move | KB LAMINATES (01888) rose more than 9%, the company issued another price increase notice. Institutions say that the price increase of copper-clad laminates is expected to continue.

KB LAMINATES (01888) rose more than 9%, as of the time of writing, it rose 9.08% to HKD 13.46, with a turnover of HKD 62.2097 million. On the news front, it was reported that on December 26th, KB LAMINATES issued a price increase notice, stating that copper prices have surged and there is a shortage of glass cloth supply. Due to cost pressures, they will raise all material prices by 10% from that day onwards. It is worth noting that KB LAMINATES has raised prices several times this year. On August 15th, Jiantao announced a comprehensive price increase for its CCL, raising the price of each board by RMB 10. On December 1st, Jiantao issued a price adjustment announcement due to significant increases in copper, glass cloth, and chemical raw material prices, with prices of CEM-1/22F/V0/HB products rising by 5%, and FR-4 and PP products rising by 10%. Sinolink's research report pointed out that with strong demand for AI + rising upstream raw material costs, the price of copper-clad laminate is expected to continue to rise. The strong demand for AI is driving up prices and quantities of PCBs, with many AI-PCB companies currently experiencing strong orders, full production and sales, and actively expanding production capacity. It is expected that high growth in performance in the fourth quarter and next year will continue. The demand for AI copper-clad laminate is also strong, as overseas production expansion of copper-clad laminate is slow, mainland copper-clad laminate leading companies are expected to benefit actively.