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.
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KB Laminates and Kingboard Holdings Surge Over 11% and 5% Following Positive Profit Announcements
KB Laminates Performance: KB Laminates (01888.HK) opened 2.06% higher, peaked at HKD22.76, and last traded at HKD22.72, reflecting an 11.48% increase with significant trading volume.
Kingboard Holdings Performance: Kingboard Holdings (00148.HK) rose 5.49% to HKD38.84, with a trading volume of 5.541 million shares, following a positive profit alert.
Profit Alerts: Both KB Laminates and Kingboard Holdings issued positive profit forecasts, with KB Laminates expecting over 80% YoY growth in net profit to over HKD2.39 billion, and Kingboard predicting a 165% YoY increase to over HKD4.32 billion.
Short Selling Data: Short selling for KB Laminates was reported at $11.68 million with a ratio of 2.776%, while Kingboard had $6.65 million in short selling with a ratio of 3.255%.
KINGBOARD HLDG Expects Last Year's Net Profit to Increase by Over 1.65 Times
Company Overview: KINGBOARD HLDG (00148.HK) has reported a significant increase in its stock price, rising by 2.629% to +0.920.
Profit Forecast: The company has issued a positive profit alert, projecting a net profit increase of over 165% year-on-year for the year ending December 2025, exceeding HKD 4.32 billion.
Short Selling Activity: There has been short selling activity amounting to $2.31 million, with a short selling ratio of 4.958%.
Market Implications: The positive profit outlook may influence investor sentiment and trading strategies related to KINGBOARD HLDG's stock.
HK High Court Rules to Dismiss COUNTRY GARDEN's Winding-Up Petition
Winding-up Petition Filed: In 2024, a subsidiary of KINGBOARD HLDG filed a winding-up petition against COUNTRY GARDEN.
Court Hearing Outcome: The High Court dismissed the petition during a hearing on the 16th, as COUNTRY GARDEN did not send a lawyer to represent them.
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.
KB Laminates and Kingboard Holdings Surge Over 11% and 5% Following Positive Profit Announcements
KB Laminates Performance: KB Laminates (01888.HK) opened 2.06% higher, peaked at HKD22.76, and last traded at HKD22.72, reflecting an 11.48% increase with significant trading volume.
Kingboard Holdings Performance: Kingboard Holdings (00148.HK) rose 5.49% to HKD38.84, with a trading volume of 5.541 million shares, following a positive profit alert.
Profit Alerts: Both KB Laminates and Kingboard Holdings issued positive profit forecasts, with KB Laminates expecting over 80% YoY growth in net profit to over HKD2.39 billion, and Kingboard predicting a 165% YoY increase to over HKD4.32 billion.
Short Selling Data: Short selling for KB Laminates was reported at $11.68 million with a ratio of 2.776%, while Kingboard had $6.65 million in short selling with a ratio of 3.255%.
KINGBOARD HLDG Expects Last Year's Net Profit to Increase by Over 1.65 Times
Company Overview: KINGBOARD HLDG (00148.HK) has reported a significant increase in its stock price, rising by 2.629% to +0.920.
Profit Forecast: The company has issued a positive profit alert, projecting a net profit increase of over 165% year-on-year for the year ending December 2025, exceeding HKD 4.32 billion.
Short Selling Activity: There has been short selling activity amounting to $2.31 million, with a short selling ratio of 4.958%.
Market Implications: The positive profit outlook may influence investor sentiment and trading strategies related to KINGBOARD HLDG's stock.
HK High Court Rules to Dismiss COUNTRY GARDEN's Winding-Up Petition
Winding-up Petition Filed: In 2024, a subsidiary of KINGBOARD HLDG filed a winding-up petition against COUNTRY GARDEN.
Court Hearing Outcome: The High Court dismissed the petition during a hearing on the 16th, as COUNTRY GARDEN did not send a lawyer to represent them.
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.
