Citi Raises KB LAMINATES Price Target to HKD20.5 Following Inclusion in Nvidia Supply Chain
Company Performance: KB LAMINATES reported a 28% increase in net profit for 1H25, reaching HKD933 million, which aligns with Citi's forecast.
Core Earnings Insight: The company's core earnings grew by only 10% year-over-year to HKD860 million, falling short of expectations due to rising costs outpacing average selling prices.
Target Price Adjustment: Citi raised its target price for KB LAMINATES from HKD14 to HKD20.5, anticipating the company's entry into Nvidia's supply chain by the end of 2025.
Stock Preference Shift: Citi has shifted its stock preference within the Chinese copper-clad laminate supply chain from SYTECH to KB LAMINATES, indicating a strategic change in investment focus.
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Launch of Hang Seng SCHK Electronics Theme Index Featuring Top 40 Securities by Market Capitalization
Launch of New Index: Hang Seng Indexes Company has introduced the Hang Seng SCHK Electronics Theme Index, which tracks the performance of Hong Kong-listed companies in the electronics sector eligible for Southbound trading under the Stock Connect scheme.
Constituents and Review: The index comprises 40 constituents, representing the largest market cap companies in the electronics theme, and is reviewed semi-annually with quarterly adjustments to weightings.
Current Constituents: Notable companies included in the index are TCL Electronics, Xiaomi, and SMIC, among others, with varying short selling ratios reported.
Market Activity: The article provides detailed short selling data for various constituents, indicating market activity and investor sentiment towards these stocks.
HKEX Introduces HKEX Tech 100 Index to Monitor 100 Technology Companies Listed in Hong Kong
HKEX Tech 100 Index Launch: HKEX has introduced the HKEX Tech 100 Index, its first Hong Kong equity index, which tracks 100 major Hong Kong-listed companies across six innovative sectors, including AI and biotech.
Accessibility for Investors: The index allows for Stock Connect Southbound trading, making it accessible to both global and Chinese Mainland investors, and includes a fast-entry mechanism for newly-listed companies.
Short Selling Data: The article provides detailed short selling data for various companies within the index, highlighting significant short selling ratios for several constituents.
Market Performance: The report includes stock performance changes for various companies, indicating fluctuations in share prices alongside their respective short selling activities.
Citi Raises KB LAMINATES Price Target to HKD20.5 Following Inclusion in Nvidia Supply Chain
Company Performance: KB LAMINATES reported a 28% increase in net profit for 1H25, reaching HKD933 million, which aligns with Citi's forecast.
Core Earnings Insight: The company's core earnings grew by only 10% year-over-year to HKD860 million, falling short of expectations due to rising costs outpacing average selling prices.
Target Price Adjustment: Citi raised its target price for KB LAMINATES from HKD14 to HKD20.5, anticipating the company's entry into Nvidia's supply chain by the end of 2025.
Stock Preference Shift: Citi has shifted its stock preference within the Chinese copper-clad laminate supply chain from SYTECH to KB LAMINATES, indicating a strategic change in investment focus.
KINGBOARD HLDG Drops Over 3% After Midday Despite 70% Increase in Interim Net Profit and Dividend Raise; KB LAMINATES Falls 7% Following Results
Kingboard Holdings Stock Performance: Kingboard Holdings (00148.HK) saw its stock price drop 4.1% to close at $30.6, with a further decline to $29.68 after announcing interim results.
Financial Highlights: For the first half of 2025, Kingboard reported a revenue increase of 5.8% YoY to $21.608 billion and a net profit surge of 71.3% YoY to $2.582 billion, leading to an EPS of $2.329.
Dividend Announcement: The company declared an interim dividend per share (DPS) of $0.69, which is a significant increase of 72.5% from the previous year's $0.40.
KB Laminates Performance: KB Laminates (01888.HK) also experienced a stock decline of 8.4%, reporting a revenue growth of 11% YoY to $9.588 billion and a net profit increase of 28.2% YoY to $933 million, with an interim DPS of $0.15.
KINGBOARD HLDG Reports Interim Net Profit of $2.582B, a 71.3% Increase; Interim Dividend Per Share Reaches 69 Cents
Company Performance: KINGBOARD HLDG reported interim results for the six months ending June 30, 2025, with revenue of HK$21.608 billion, reflecting a 5.8% year-over-year increase.
Profit Growth: The net profit surged by 71.3% to HK$2.582 billion, resulting in an earnings per share (EPS) of HK$2.329.
Dividend Announcement: The company declared an interim dividend per share (DPS) of HK69 cents, up from HK40 cents in the same period last year.
Market Activity: As of August 22, 2025, short selling amounted to $2.08 million, with a ratio of 3.457%.
KINGBOARD HLDG Once Rockets 12%+; 1H NP Expected to Surge 70%+ YoY
Stock Performance: KINGBOARD HLDG (00148.HK) saw a significant increase in its stock price, opening up 10.2% and peaking at HKD29.2 before closing at HKD27.75, reflecting a 6.9% rise on substantial trading volume.
Profit Forecast: The company issued a positive profit alert, anticipating a more than 70% year-over-year increase in net profit for the first half of 2025, driven by growth in its investment, laminates, and PCBs business segments.
Launch of Hang Seng SCHK Electronics Theme Index Featuring Top 40 Securities by Market Capitalization
Launch of New Index: Hang Seng Indexes Company has introduced the Hang Seng SCHK Electronics Theme Index, which tracks the performance of Hong Kong-listed companies in the electronics sector eligible for Southbound trading under the Stock Connect scheme.
Constituents and Review: The index comprises 40 constituents, representing the largest market cap companies in the electronics theme, and is reviewed semi-annually with quarterly adjustments to weightings.
Current Constituents: Notable companies included in the index are TCL Electronics, Xiaomi, and SMIC, among others, with varying short selling ratios reported.
Market Activity: The article provides detailed short selling data for various constituents, indicating market activity and investor sentiment towards these stocks.
HKEX Introduces HKEX Tech 100 Index to Monitor 100 Technology Companies Listed in Hong Kong
HKEX Tech 100 Index Launch: HKEX has introduced the HKEX Tech 100 Index, its first Hong Kong equity index, which tracks 100 major Hong Kong-listed companies across six innovative sectors, including AI and biotech.
Accessibility for Investors: The index allows for Stock Connect Southbound trading, making it accessible to both global and Chinese Mainland investors, and includes a fast-entry mechanism for newly-listed companies.
Short Selling Data: The article provides detailed short selling data for various companies within the index, highlighting significant short selling ratios for several constituents.
Market Performance: The report includes stock performance changes for various companies, indicating fluctuations in share prices alongside their respective short selling activities.
Citi Raises KB LAMINATES Price Target to HKD20.5 Following Inclusion in Nvidia Supply Chain
Company Performance: KB LAMINATES reported a 28% increase in net profit for 1H25, reaching HKD933 million, which aligns with Citi's forecast.
Core Earnings Insight: The company's core earnings grew by only 10% year-over-year to HKD860 million, falling short of expectations due to rising costs outpacing average selling prices.
Target Price Adjustment: Citi raised its target price for KB LAMINATES from HKD14 to HKD20.5, anticipating the company's entry into Nvidia's supply chain by the end of 2025.
Stock Preference Shift: Citi has shifted its stock preference within the Chinese copper-clad laminate supply chain from SYTECH to KB LAMINATES, indicating a strategic change in investment focus.
KINGBOARD HLDG Drops Over 3% After Midday Despite 70% Increase in Interim Net Profit and Dividend Raise; KB LAMINATES Falls 7% Following Results
Kingboard Holdings Stock Performance: Kingboard Holdings (00148.HK) saw its stock price drop 4.1% to close at $30.6, with a further decline to $29.68 after announcing interim results.
Financial Highlights: For the first half of 2025, Kingboard reported a revenue increase of 5.8% YoY to $21.608 billion and a net profit surge of 71.3% YoY to $2.582 billion, leading to an EPS of $2.329.
Dividend Announcement: The company declared an interim dividend per share (DPS) of $0.69, which is a significant increase of 72.5% from the previous year's $0.40.
KB Laminates Performance: KB Laminates (01888.HK) also experienced a stock decline of 8.4%, reporting a revenue growth of 11% YoY to $9.588 billion and a net profit increase of 28.2% YoY to $933 million, with an interim DPS of $0.15.
KINGBOARD HLDG Reports Interim Net Profit of $2.582B, a 71.3% Increase; Interim Dividend Per Share Reaches 69 Cents
Company Performance: KINGBOARD HLDG reported interim results for the six months ending June 30, 2025, with revenue of HK$21.608 billion, reflecting a 5.8% year-over-year increase.
Profit Growth: The net profit surged by 71.3% to HK$2.582 billion, resulting in an earnings per share (EPS) of HK$2.329.
Dividend Announcement: The company declared an interim dividend per share (DPS) of HK69 cents, up from HK40 cents in the same period last year.
Market Activity: As of August 22, 2025, short selling amounted to $2.08 million, with a ratio of 3.457%.
KINGBOARD HLDG Once Rockets 12%+; 1H NP Expected to Surge 70%+ YoY
Stock Performance: KINGBOARD HLDG (00148.HK) saw a significant increase in its stock price, opening up 10.2% and peaking at HKD29.2 before closing at HKD27.75, reflecting a 6.9% rise on substantial trading volume.
Profit Forecast: The company issued a positive profit alert, anticipating a more than 70% year-over-year increase in net profit for the first half of 2025, driven by growth in its investment, laminates, and PCBs business segments.
