HK Stock Market Move | Concept stocks related to PCBs are rising against the trend. Both the quantity and price of the PCB industry are rising. Institutions predict that the industry's market sentiment will further improve in the second quarter.

Concept stocks of PCBs bucked the trend and rose, as of the time of writing, DELTON (01989) rose by 6.76% to 180 Hong Kong dollars; KB LAMINATES (01888) rose by 4.87% to 45.26 Hong Kong dollars; Victory Giant Technology (02476) rose by 1.35% to 376.2 Hong Kong dollars; KINGBOARD HLDG (00148) rose by 1.38% to 55.25 Hong Kong dollars. In terms of news, since the beginning of this year, the PCB industry has entered a price increase cycle, showing a high prosperity pattern with rising prices and orders, as well as longer delivery times. Since May, the industry has seen a new round of concentrated price increases, with upstream copper clad laminates, high-end copper foil, electronic fabrics, and special resins all continuing to rise in price, driving up the prices of PCB finished products. Among them, the high-speed, high-frequency products targeting AI computing power have seen the fastest price increases, with delivery times generally extending to several months. Sinolink pointed out that according to tracking data from April, with the support of policy subsidies in the automotive and industrial control sectors and the continuous large-scale release of AI, the PCB industry is still in a period of high-speed year-on-year growth. From the perspective of the industrial chain, the high level of prosperity in the first quarter is expected to further increase in the second quarter, with price increases for mid- to low-end raw materials and copper clad laminates likely to continue at least until June; recent geopolitical conflicts have led to significant increases in raw material prices and increased macroeconomic uncertainties, but recent expectations have stabilized somewhat, and it is recommended to closely monitor the situation.