HUKINGB@EC2602A

FMR LLC reduced holdings of Kei Tai Group by 4,633,500 shares

Resonac Announces 30% Price Hike for Copper Clad Laminate and Other Materials Starting March

Kingboard Issues Price Hike Notice to Clients Due to Rising Costs

Hallgain Management Limited increased its holdings of Keypoint Group by 200,000 shares

Hallgain Management Increases Holdings in Keane Group by 30,000 Shares

Hallgain Management Limited 增持建滔集团 60 万股

Chow Yun-fat Increased Holdings of TAT PARAGON by 38,000 Shares

Chow Hang Seng Increases Holding in KT Investment Holdings Ltd by 100,000 Shares

Citibank Raises Target Price for Kingboard to HKD 36 and Maintains Buy Rating

KINGBOARD HLDG released FY2025 Q1 earnings on August 25, 2025 (BJT) with actual revenue of HKD 10.8 B and EPS of HKD 1.1645

Kamat Group Reports Strong Mid-Year Performance and Mid-Year Dividend

KINGBOARD HLDG released FY2025 Semi-Annual Earnings on August 25 Pre-Market BJT, actual revenue HKD 21.61 B, actual EPS HKD 2.3289

KINGBOARD HLDG released FY2025 Q2 earnings on August 25 Pre-Market (BJT), actual revenue HKD 10.8 B, actual EPS HKD 1.1645

KINGBOARD HLDG to Release FY2025 Semi-Annual Earnings on August 25, 2025 (BJT)

Takung Group's Pure Profit Expected to Rise Over 70% in First Half of 2025

FIDELITY PURITAN TRUST Sells 858,500 Shares of KT Investment Holdings

Kinston Investment Sells Up to 78.5 Million Shares of Kinston Build-up Board

Chow Sang Sang's Chairman Reduced 240,000 Shares in Taconic Group

Jackie Cheung sold 430,000 shares of TAT Group

Kingboard Completes HK$8B Syndicated Loan

GUANZE MEDICAL

PCPD

STARCOIN GROUP

HUILI RES

TIMES UNI GP

MANY IDEA CLOUD

WALNUT CAP

SILKWAVE INC

HUA LIEN INT'L

WAI CHUN GROUP

00148

01888

KINGBOARD LAMINATES (1888.HK) has recently seen a continuous rebound in its stock price, with a moderate increase in trading volume yesterday, and the K-line successfully closed above the 5-day and 10-day moving averages. Technically, the daily MACD has formed a golden cross, and a short-term bullish pattern has been initially established. There is a noticeable inflow of bullish funds, and buying enthusiasm is recovering, with the market trend gradually entering a right-side trend. However, it is worth noting that the stock price is approaching the key resistance level of previous highs, and in this sensitive range, historical holders have a strong willingness to break even. If selling pressure emerges during the session, it may lead to a new round of volatility. Currently, the overall market risk appetite is stable, and the electronic circuit board sector is gradually becoming active. KINGBOARD LAMINATES previously benefited from the stabilization of raw material prices and the recovery of downstream demand, with performance expectations attracting some long-term funds to enter. There are no significant negative news pressures, and the short-term trend is expected to continue. However, as the stock price approaches previous highs, a large amount of breakeven and floating profit shares may be sold at any time, and the market will face a certain "tug-of-war." In terms of technical indicators, the MACD momentum bars are gradually expanding after the golden cross, and the 5-day moving average plays a key support role. If today's trading volume continues to moderately increase and maintains above the 5-day and 10-day lines, there is a short-term expectation to further challenge the resistance zone; conversely, if the volume decreases and breakeven shares are concentratedly released, caution is needed for a pullback to support before entering a high-level consolidation. Investors should closely monitor the intraday fluctuations and pay attention to signals of main force lifting and large sell orders

Technical Forecast

KINGBOARD HLDG

KB LAMINATES

Morning Trend | KINGBOARD HLDG (1888.HK) Approaches Key Resistance Level, Will Intraday Unwinding Bring a New Round of Volatility?

KINGBOARD HLDG (148.HK) has recently seen active trading, with its stock price gently rising. Yesterday, the daily MACD formed a golden cross, indicating a continuation of the bullish trend. Since rebounding from the previous low, funds have continued to flow in, with the 5-day and 10-day moving averages providing strong support for the price, leading to a dominant short-term bullish atmosphere. 

On the fundamental side, the company's main business is stable and its profitability is recovering, with raw material prices retreating and improvements in market expectations due to the synergy across the entire industry chain. There are currently no significant negative news, maintaining a structurally bullish pattern. As the sector's attention increases, technical funds are increasing their participation, driving the trading volume of individual stocks to continue expanding. 

Technical analysis shows that the MACD golden cross combined with volume release is favorable for sustained bullish momentum. At this stage, the previous high has become the main resistance area, and whether it can effectively break through largely depends on the willingness of main funds to further push up and the strength of market-following funds. If today's intraday volume continues to be ample and the price remains stable above the 5-day and 10-day moving averages, a breakthrough is expected; conversely, if the volume-price coordination weakens, high-level fluctuations may continue. 

In terms of strategy, investors are advised to pay attention to key support levels and intraday fund movements, remaining cautious about chasing high prices. Using the 5-day moving average as an operational reference, quick short-term gains can be locked in gradually, and if there are significant adjustments or signals of main funds shifting stocks, it is advisable to take profits promptly. For medium to long-term positions, dynamic position management should be implemented based on changes in fundamentals, closely monitoring the stability of main fund holdings and alerts for significant block trades. Overall, KINGBOARD HLDG has a robust bullish structure, but the competition for funds at high levels is intensifying, so holding stocks should be dynamically defensive

Morning Trend | KINGBOARD HLDG (148.HK) has sufficient volume, can it achieve an effective breakthrough under the dominance of bulls?

The latest data from the Hong Kong Stock Exchange shows that on October 30, Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 1.045 million shares, at a price of HKD 28.4105 per share, for a total amount of approximately HKD 29.689 million. After the increase, the latest number of shares held is approximately 481 million, with a latest holding ratio of 43.42%

Zhitong

Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 1.045 million shares at a price of approximately HKD 28.41 per share

According to the latest information from the Hong Kong Stock Exchange, on October 27, Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 1.026 million shares, with an average price of HKD 27.6395 per share, totaling approximately HKD 28.3581 million. After the increase, the latest number of shares held is approximately 479 million, with a latest holding ratio of 43.24%

Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 1.026 million shares at an average price of approximately HKD 27.64 per share

According to the latest information from the Hong Kong Stock Exchange, on October 23, Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 400,000 shares, with an average price of HKD 26.5969 per share, totaling approximately HKD 10.6388 million. After the increase, the latest number of shares held is approximately 477 million, with a latest holding ratio of 43.05%

Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 400,000 shares at an average price of approximately HKD 26.6 per share

KINGBOARD HLDG has shown a weak downward trend in the past two trading days, continuing the significant reduction in positions by the main force from the previous day. Throughout the day, it tested key support multiple times but failed to rebound. The overall capital outflow approached a one-sided state, and the short-term main force sentiment quickly cooled down, with right-side trading users generally in a wait-and-see period for external catalysts to take effect. The main business in the PC and PCB industry chain is dragged down by the sluggishness of the semiconductor industry, compounded by rising pressure on the raw material side, leading to continued low liquidity in the entire sector. This week, manufacturing-related news has been relatively bland, with mainstream catalysts mainly coming from fluctuations in raw material prices and market rumors of marginal improvements in orders from some electronic manufacturers in the south. However, this positive signal has not yet been fully reflected in the company's profit or order levels. Overall sector sentiment remains under pressure, with very limited signs of capital replenishment. Technically, KINGBOARD HLDG's daily indicators are all weak, with the short-term moving average system significantly suppressing upward space, and the MACD death cross deepening the bearish atmosphere. Various indicators show that only with a coordinated increase in market volume could a decent technical rebound be triggered; otherwise, the pressure of continuous decline remains unresolved. From a risk perspective, if there are sudden large-scale collaborations or favorable policy news in the PCB and semiconductor industries, KINGBOARD may experience amplified fluctuations during trading. However, the current mainstream expectations remain generally cautious. Intraday liquidity and large right-side orders will become the prelude to volatility. Once the market digests weak signals and new catalysts are released, it will trigger a short-term capital rush effect, leading to intensified fluctuations

Morning Trend | KINGBOARD HLDG's 10-20 defense line is under pressure, will the weakness trigger off-market fluctuations?

According to the Zhitong Finance APP, KINGBOARD HLDG announced that Mr. Chan Mau-sheng, an executive director, has resigned from his directorship effective October 17, 2025, due to his intention to devote more time to personal matters

KINGBOARD HLDG: Chen Maosheng resigns as executive director

Yesterday, KINGBOARD HLDG showed a downward trend again, with signs of pressure on the market continuing, and a clear atmosphere of risk aversion among investors. The company's stock price retreated to the HKD 41 area, with selling pressure dominating and buyer strength gradually weakening. Short-term funds are flowing out intensively, and technical indicators show that bulls have not yet organized an effective counterattack, with structural adjustment pressure still hanging overhead. 

From industry news, the prices of PCB and upstream chemical raw materials have fluctuated sharply recently, becoming a new round of cost challenges, which not only drag down the industry's prosperity but also suppress the company's valuation center, leading to further difficulties for KINGBOARD HLDG. Market sentiment is becoming cautious, and the sector lacks new highlights, with internal funds quickly shifting towards defensive assets, significantly hindering overall valuation recovery in the industry. 

Currently, the HKD 40.5 level has become a key support; if it is breached during trading, there is a risk of further declines. Institutional investors are mainly responding to the persistently sluggish market through position control and low-buy strategies. Range fluctuations may further intensify, and attention should be paid to whether new product orders and performance exceeding expectations can materialize; if there is a rotation of themes, it may bring short-term inflow opportunities. 

Overall, the weak market structure of KINGBOARD HLDG has not yet reversed. It is recommended to closely monitor industry policies, the company's new order progress, and intraday trading anomalies. The defensive mindset of funds is unlikely to change in the short term unless there are significant positive catalysts; otherwise, the judgment of a weak oscillation will be maintained. Short-term traders should cautiously control their positions to avoid the risk of significant fluctuations in the sector

Morning Trend | KINGBOARD HLDG (148.HK) October 15 Weakness Continues, Structural Adjustment Risks Still Spreading

According to the latest data from the Hong Kong Stock Exchange, on October 13th, Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 600,000 shares, with an average price of HKD 26.04 per share, totaling HKD 15.624 million. After the increase, the latest number of shares held is approximately 477 million, with a latest holding ratio of 43%

Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 600,000 shares at an average price of HKD 26.04 per share

According to the latest information from the Hong Kong Stock Exchange, on September 24th, Chairman of the Board, Daniel Zhang, increased his holdings in KINGBOARD HLDG by 10,000 shares at an average price of HKD 26.72 per share, totaling HKD 267,200. After the increase, the latest number of shares held is approximately 16.9359 million shares, with the latest holding ratio being 1.52%

Chairman of the Board, Zhang Guorong, increased his holdings in KINGBOARD HLDG by 10,000 shares at an average price of HKD 26.72 per share

According to the latest information from the Hong Kong Stock Exchange, on September 19th, Chairman of the Board, Daniel Zhang, increased his holdings in KINGBOARD HLDG by 38,000 shares at an average price of HKD 27.6205 per share, totaling approximately HKD 1.0496 million. After the increase, the latest number of shares held is approximately 16.9099 million, with the latest shareholding ratio at 1.52%

Chairman of the Board, Zhang Guorong, increased his holdings in KINGBOARD HLDG by 38,000 shares at an average price of approximately HKD 27.62 per share

HUKINGB@EC2602A(19580.HK)

Morning Trend | KINGBOARD HLDG (1888.HK) Approaches Key Resistance Level, Will Intraday Unwinding Bring a New Round of Volatility?

Morning Trend | KINGBOARD HLDG (148.HK) has sufficient volume, can it achieve an effective breakthrough under the dominance of bulls?

Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 1.045 million shares at a price of approximately HKD 28.41 per share

Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 1.026 million shares at an average price of approximately HKD 27.64 per share

Hallgain Management Limited increased its holdings in KINGBOARD HLDG by 400,000 shares at an average price of approximately HKD 26.6 per share