According to the Zhito Finance APP, KB LAMINATES (01888) increased nearly 4%, as of the time of writing, up 3.77%, priced at 6.89 Hong Kong dollars, with a transaction volume of 21.3644 million Hong Kong dollars.

In terms of news, Sinolink recently pointed out that according to IDC predictions, next year, the Global shipments of Smart Phones, PCs, AR/VR, and wearable devices will maintain growth, with a five-year compound annual growth rate of 3%, 1%, 27%, and 3% respectively by 2028. Various Consumer Electronics will continue to show year-on-year growth, stabilizing the recovery trend; combined with recent capital expenditure increases from overseas Cloud Computing vendors, the rapid growth in capital expenditure is also expected to contribute to incremental demand for CCL. The firm believes that it is currently a key investment moment driven by both the cyclical and growth aspects of the Copper Clad Laminate industry, and it is recommended to focus on strong alpha companies.

Kaiyuan Securities previously pointed out that the company is a leader in the Copper Clad Laminate industry. With copper prices expected to rise in 2024, downstream demand gradually recovering, and the Copper Clad Laminate industry having flexible pricing space in conjunction with cost advantages from vertical supply chain integration and scale effects, it is expected to drive the company’s revenue and profit back onto a growth track in 2024.