Kingboard Laminates is trading 10.81% down now at HK$37.78, as hotter-than-expected U.S. inflation revived interest-rate concerns.
- Weakness has also affected PCB and copper-clad-laminate shares, while technology stocks came under pressure.
- The company’s October 14 price notice raised prices 15% for thin-fabric laminates and prepreg, excluding thick-fabric products. Available reporting attributes the recent share-price weakness mainly to macroeconomic pressure, not a company-specific problem.