HK Stock Market Move | Concept stocks related to PCB continue recent upward trend, copper foil prices surge. Supply and demand tension may persist until 2027 or even longer.

PCB concept stocks continued their recent upward trend, with DELTON (01989) up 7.78% to 202.2 Hong Kong dollars, KB LAMINATES (01888) up 4.39% to 37.58 Hong Kong dollars, KINGBOARD HLDG (00148) up 3.61% to 46.46 Hong Kong dollars, and Shenzhen Hans CNC Technology (03200) up 2.18% to 140.8 Hong Kong dollars. In terms of news, it was reported that the leading company in the copper-clad board industry, KINGBOARD HLDG, released a formal price increase notice through its subsidiary Guangdong KB LAMINATES Sales Limited, raising the prices of FR-4 copper-clad boards and PP semi-cured sheets by 10% with immediate effect. In addition, advanced CCL suppliers such as Taiwan Electric, Taiwan Yao, and Lianmao have also recently communicated price increases to their customers. Shanxi analyst Ji Yongjie mentioned that considering the AI-driven super cycle, which possesses strong sustainability, it is expected to remain in a high-speed growth period for the next 3-5 years. This will provide a sustained demand for high-end copper-clad boards, and it is predicted that the tight supply and demand situation for CCL will continue until 2027 or even longer. It is recommended to pay attention to the copper-clad board and upstream materials industry chain.