HK Stock Market Move | PCB concept stocks rebound across the board, AI PCB industry chain speeds up the pace of attracting buyers, manufacturers raise prices more often and by higher margins than market expectations.

PCB concept stocks rebound across the board, as of the deadline, Shenzhen Hans CNC Technology (03200) rose 9.52% to 158.8 Hong Kong dollars; KB LAMINATES (01888) rose 8.79% to 73.65 Hong Kong dollars; KINGBOARD HLDG (00148) rose 5.35% to 81.65 Hong Kong dollars; DELTON (01989) rose 3.56% to 154 Hong Kong dollars. On the news front, on July 6, KB LAMINATES once again issued a price increase letter, raising the price of FR-4 CCL by 15%, both the frequency and magnitude exceeding market expectations, reflecting the upstream materials shifting from cost-driven to actively raising prices in the tight supply and demand balance. MLS Co., Ltd. also issued a price increase notice, announcing a 10%-15% price increase for all PCB products starting from July 7. This is the third time the company has raised PCB prices recently. CMSC pointed out that as we enter the second quarter of 2026, the AI PCB industry chain is accelerating, with new capacity matching downstream customers' new platform AI server orders continuing to be released, and performance is expected to maintain a rapid growth trend on a quarter-on-quarter basis. In the medium to long term, focusing on pain points such as signal transmission acceleration, increased integration, and increased heat dissipation requirements in the AI data center scenario, the PCB industry chain upstream and downstream are innovating and upgrading from new materials, new technologies, and other dimensions, holding the potential to open up long-term growth space.