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KB LAMINATES Once Dives 14% Before Decline Narrows as Major Shareholder KINGBOARD HLDG Realizes $785M from Shr Placement
KB LAMINATES (01888.HK) opened 3.14% lower today (18th), and once dived 14.1% to a low of $9.31. The stock last printed at $9.8, dipping 9.59%. Trading volume surged to 118 million...
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KB LAMINATES Once Dives 14% Before Decline Narrows as Major Shareholder KINGBOARD HLDG Realizes $785M from Shr Placement
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KB LAMINATES (01888.HK)  -1.000 (-9.225%)    Short selling $56.99M; Ratio 4.087%   opened 3.14% lower today (18th), and once dived 14.1% to a low of $9.31. The stock last printed at $9.8, dipping 9.59%. Trading volume surged to 118 million shares, involving $1.167 billion.

The Group received a share placement from its substantial shareholder, KINGBOARD HLDG (00148.HK)  -0.450 (-1.800%)    Short selling $1.65M; Ratio 5.049%   , realizing $785 million, as announced by the Group. Upon completion, KINGBOARD HLDG's shareholding in the Group will decrease from 73.76% to 71.25%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-18 16:25.)

Related NewsCiti: Parent Co. Reduces Stake in KB LAMINATES (01888.HK); Shr Price Expected to Be Under ST Pressure

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