HK Stock Market Move | PCB concept stocks continue recent gains with KB LAMINATES (01888) and DELTON (01989) both rising over 7% during the trading day.
PCB concept stocks continue to rise in the near term. As of the time of writing, Jiantao PCB (01888) rose by 5.82% to HK$36.72; Guanghe Technology (01989) rose by 5.63% to HK$184; Shenghong Technology (02476) rose by 3.82% to HK$331.6; Jiantao Group (00148) rose by 1.04% to HK$44.58.
PCB concept stocks continued the recent upward trend, as of the time of writing, KB LAMINATES (01888) rose by 5.82% to HK$36.72; DELTON (01989) rose by 5.63% to HK$184; Victory Giant Technology (02476) rose by 3.82% to HK$331.6; KINGBOARD HLDG (00148) rose by 1.04% to HK$44.58.
On the news front, since April, many leading copper-clad laminate companies have issued price increase notices, steadily increasing the profitability of copper-clad laminate. It is worth noting that affected by the continuous increase in copper-clad laminate and upstream materials, Taiyao has notified customers that it will increase CCL prices from April 25, with some series products rising by 20% to 40%.
China Securities Co., Ltd. believes that Resonac, Mitsubishi Gas Chemical, and others announcing a price increase of over 30% for CCL, followed by domestic leaders such as KB LAMINATES raising prices, are typical examples of "price increases and performance realization"; the upgrading of material grades from M7 to M8, M9 indicates that the CCL industry is transitioning from cyclical products to high-speed materials technology, with a qualitative change in product structure and value center.
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