KINGBOARD HLDG (00148.HK) opened 10.94% lower today and hit an intraday low of HKD99.45. It last posted at HKD103, down 12.64%, with turnover of 32.7713 million shares, involving HKD3.453 billion.

KB LAMINATES (01888.HK) opened 9.38% lower today and hit an intraday low of HKD79.85. It last quoted at HKD82.5, down 16.79%, with turnover of 69.9869 million shares involving HKD5.992 billion.

Citi believed market concerns over excessive AI infrastructure construction may provide a good buying opportunity. According to Reuters, Meta Platforms, Inc. (META.US) is planning to sell excess computing capacity to external customers. This could trigger market concerns about AI infrastructure overbuild and weigh on the share prices of KINGBOARD HLDG and KB LAMINATES in the short term owing to market sentiment.

Nevertheless, the broker viewed both companies still have ample room for earnings upward revision in 2026-27, in light of further expansion of AI fabric capacity before end-2026 and potential certification of copper clad laminate (CCL) products by NVIDIA Corporation (NVDA.US) by mid-2027.
~

AASTOCKS Financial News
Website: www.aastocks.com

SG Top Picks
Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
KINGB (C)	13905	150 (-)	0.161	2.8 X
KINGB (C)	13946	141.48 (-)	0.179	2.7 X
KINGB (C)	13565	96 (-)	0.600	2.3 X
KINGB (P)	13902	78 (-)	0.137	1.7 X
KINGB (P)	13667	65.5 (-)	0.072	2.2 X
KBLH (C)	14007	165 (-)	0.115	2.6 X
KBLH (C)	13666	96 (-)	0.224	2.2 X
KBLH (C)	13843	86.88 (-)	0.233	2.3 X
KBLH (P)	13906	62 (-)	0.122	1.5 X
KBLH (P)	13661	52 (-)	0.070	1.8 X
META (C)	11069	830 (-)	0.083	10.8 X
META (P)	11138	475 (-)	0.330	4.8 X
Nvidia (C)	11185	275 (-)	0.121	5.9 X
Nvidia (P)	11090	168 (-)	0.203	3.8 X