HK Stock Market Move | KINGBOARD HLDG (00148) saw a more than 9% increase during the trading session, with interim net profit attributable to shareholders rising by 5% year-on-year and significant growth in copper-clad laminate profits.

KINGBOARD HLDG (00148) rose over 9% during intraday trading, and as of the time of writing, it was up 7.28%, priced at HKD 48.88, with a turnover of HKD 768 million. In terms of news, on August 24, KINGBOARD HLDG released its performance report for the six months ending June 30, 2026. During this period, the group achieved a revenue of HKD 29.131 billion, representing a year-on-year increase of 35%. The net profit attributable to shareholders was HKD 2.711 billion, an increase of 5% compared to the previous year; basic earnings per share were HKD 2.445; and an interim dividend of HKD 0.73 per share is proposed. During the review period, high-end sectors like artificial intelligence (AI) experienced rapid development, with emerging electronic products centered around the AI concept showing strong demand. Prices for copper-clad laminates and their upstream materials, including electronic glass fiber yarn, electronic glass fiber cloth, and copper foil, were raised multiple times during the period, with an accelerated pace of price increases in the second quarter. Some copper-clad laminate companies in the market faced partial production shutdowns due to a shortage of electronic glass fiber cloth; however, the group has a complete vertically integrated industry chain, resulting in increased sales of copper-clad laminates compared to the same period in 2025 and a significant rise in departmental profits year-on-year.