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Hong Kong stock concept tracking: Institutions are bullish on the future positive growth of the PCB sector performance due to the prospects of AI development (with concept stocks attached).
China's IC packaging substrate industry is expected to see rapid growth.
HK Stock Market News | Citi says kb laminates' profit meets expectations, Kingboard Hldg (00148) and kb laminates (01888) both rise more than 4%.
Kingboard hldg rose across the board in early trading. As of press time, Kingboard hldg (00148) rose by 4.16% to HKD 16.04, while kb laminates (01888) rose by 4.18% to HKD 6.98.
In July, the industry developed rapidly according to Northeast Securities. The weak recovery trend of the general sector continued, and equipment updates are expected to accelerate.
In July, the national industrial value-added of scale enterprises increased by 5.1%, a decrease of 0.2 percentage points compared to the previous period.
In July, China's industrial added value above a designated scale increased by 5.1% year-on-year, with manufacturing industry growing by 5.3%.
From a month-on-month perspective, in July, the added value of industries above designated size increased by 0.35% compared with the previous month.
Kingboard Laminates Holdings Limited's (HKG:1888) 27% Cheaper Price Remains In Tune With Earnings
HK stocks surge | KB laminates (01888) rose by more than 3% again, and it is expected that the net profit for the midterm will increase by more than 65% year-on-year. Citigroup recommends to "buy" when the stock price is weak.
KB Laminates (01888) rose more than 3%, as of press time, rose 3.07%, 6.71 Hong Kong dollars, turnover of 7,3727 million Hong Kong dollars.
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