HK Stock Market Move | Concept stocks of PCB are leading the way, with copper clad laminate prices continuing to rise and top companies smoothly implementing price adjustment mechanisms.
Concept stocks of PCB rose in front, as of the time of publication, Jianteo Multilayer Board (01888) rose by 10.36% to HK$49; Guanghe Technology (01989) rose by 7.95% to HK$194.2; Shenghong Technology (02476) rose by 7.11% to HK$370.8; Jianteo Group (00148) rose by 5.79% to HK$76.4.
Concept stocks of PCBs outperformed, as of the time of publication, KB LAMINATES (01888) rose by 10.36% to HK$49; DELTON (01989) rose by 7.95% to HK$194.2; Victory Giant Technology (02476) rose by 7.11% to HK$370.8; KINGBOARD HLDG (00148) rose by 5.79% to HK$76.4.
This year, influenced by rising downstream demand and increased prices of electronic cloth, copper foil and other raw materials, the price of copper-clad laminates (CCL) continued to rise. On April 28, KINGBOARD HLDG announced a 10% price increase for CCL. Following the first 10% price increase on April 3, they implemented a second price increase within the month, highlighting the leading enterprises' ability to transfer costs and their efficient pricing mechanisms.
Sinolink released a research report stating that the short-term and medium-term demand for AI is strong, with many AI-PCB companies having strong orders, running at full production capacity and sales, and actively expanding production. Strong demand for AI copper-clad laminates, slow expansion of overseas production, and mainland China's leading copper-clad laminate manufacturers are expected to benefit.
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