Morgan Stanley: Kingboard Laminates (01888.HK) rated "Overweight" with a target price of HK$75

Zhito Finance APP has learned that Morgan Stanley issued a research report stating that Kingboard Laminates' (01888.HK) feedback from the China BEST conference indicated that capacity growth for printed circuit board (PCB) fiberglass cloth and copper foil is constrained by equipment supply. The company expects the fiberglass cloth shortage to continue until 2027 and sees good potential for price increases; the bank gives Kingboard Laminates an "Overweight" rating with a target price of HKD 75.