HK Stock Market Move | PCB concept stocks continue to rise, Jian Tao has implemented five price increases this year, Rubin may start full production early or prepare for early stocking.

PCB concept stocks continued to rise. As of the time of writing, DELTON (01989) rose by 6.8% to HK$181.4, KB LAMINATES (01888) rose by 5.93% to HK$99.1, Shenzhen Han's CNC Technology (03200) rose by 2.88% to HK$189.6, and KINGBOARD HLDG (00148) rose by 1.42% to HK$128.6. On the news front, on June 16th, leading copper-clad laminate company KB LAMINATES officially announced a new round of price increase letters, stating that all specifications of FR-4 copper-clad laminate and PP semi-cured sheet products will have a unified price increase of 15%. This price adjustment will be formally implemented from the date of receiving new orders. It is reported that this is the fifth price increase within the year, with a cumulative increase of 68% in sheet materials and 84% in PP semi-cured sheets. Financial securities firm released a research report stating that looking ahead, the gradual introduction of new technologies and products such as CoWoP and orthogonal backplanes is expected to further open up PCB value growth space. In terms of production capacity, Vera Rubin is expected to enter full production stage in the fall of 2026. As PCBs are core upstream components, related products typically require advance stocking, and related manufacturers are expected to benefit first. Taking into account the above factors, the AI PCB industry chain is expected to usher in a new round of prosperity catalysis.