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<Research>Citi Lifts KB LAMINATES TP to HKD20.5 on Entry into Nvidia Supply Chain
According to a Citi research report, KB LAMINATES (01888.HK)'s 1H25 net profit grew by 28% to HKD933 million, aligning with the broker's forecast of HKD934 million.The comp...
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<Research>Citi Lifts KB LAMINATES TP to HKD20.5 on Entry into Nvidia Supply Chain
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According to a Citi research report, KB LAMINATES (01888.HK)  +7.050 (+12.601%)    Short selling $720.44M; Ratio 15.021%   's 1H25 net profit grew by 28% to HKD933 million, aligning with the broker's forecast of HKD934 million.

The company's core earnings, however, increased by only 10% YoY to HKD860 million due to costs rising faster than average selling prices, falling shy of expectations.

Related NewsKB LAMINATES (01888.HK) Jumps Over 9% to Record High; Citi Raises TP to HKD80, Expects Strong 1H26 Profit Alert in Mid-Jul
Citi raised its target price for KB LAMINATES from HKD14 to HKD20.5, reflecting the company's anticipated entry into Nvidia (NVDA.US)      's supply chain by the end of 2025.

The broker also adjusted its stock preference within the Chinese copper-clad laminate (CCL) supply chain into KB LAMINATES > SYTECH (600183.SH)  +13.410 (+10.003%)   > KINGBOARD HLDG (00148.HK)  +18.100 (+25.226%)    Short selling $851.97M; Ratio 16.456%   . Its previous top pick was SYTECH.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-09 16:25.) (A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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