Citi sets HKD 95.00 target for KB Laminates stock
Published on 10/13/2026 at 07:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Citi assigned KB Laminates a HKD 95.00 target and Buy/High Risk rating on October 13, 2026.
- First-half 2026 revenue rose 55.00 percent to HKD 14.90 billion, while profit increased 209.00 percent.
- The interim dividend rose 87.00 percent to HKD 0.28 per share.
- The last Lang & Schwarz quotation was EUR 5.33 on October 12, 2026.
KB Laminates (ISIN KYG5257K1076) received a new HKD 95.00 price target from Citi on October 13, 2026, alongside a Buy/High Risk rating. GMT EIGHT reported that the bank sees earnings upside from shortages of artificial-intelligence materials and potential AI copper-clad laminate certifications.
Three signals behind the target
The latest operating figures came from the six months ended June 30, 2026. According to Moomoo, turnover rose 55.00 percent year over year to HKD 14.90 billion, while profit attributable to shareholders increased 209.00 percent to HKD 2.90 billion. Basic earnings per share rose 208.00 percent to HKD 0.92.
The same interim report said the copper-clad laminate division lifted turnover 56.00 percent to HKD 14.80 billion and EBITDA increased 170.00 percent to HKD 4.30 billion in the first half of 2026. Average monthly shipments exceeded 10.00 million sheets, up 14.00 percent from the same period of 2025.
Why supply remains central
Citi's October 13 assessment centered on supply constraints in AI materials and the possibility that KB Laminates could obtain test certifications from Chinese and U.S. GPU and cloud-service companies. The opportunity therefore depends on both pricing power and successful qualification, rather than revenue growth alone.
Recent corporate actions add a separate ownership signal. A Hong Kong Stock Exchange filing dated September 30, 2026 showed a related party buying 300,000 shares, lifting the reported long position from 62.38 percent to 62.39 percent. Hong Kong Exchanges and Clearing published the filing.
Upcoming trading milestone
HKEX said on October 12, 2026 that new KB Laminates option contracts will begin on November 9, 2026, with weekly expiries first available on November 13, 2026. The contracts will have a size of 500 shares.
Last quoted price
KB Laminates was last quoted at EUR 5.33 at Lang & Schwarz on October 12, 2026 at 10:57 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of KB Laminates stock.
KB Laminates stock facts
- Company: Kingboard Laminates Holdings Limited
- ISIN: KYG5257K1076
- Ticker: 01888
- Primary exchange: Hong Kong Stock Exchange
- Last price Lang & Schwarz (as of October 12, 2026, 10:57 p.m. CEST): EUR 5.33
- Sector / Industry: Information Technology / Electronic equipment, instruments and components
- Index membership: MSCI China Index
Market context: Market report Latest market reports.
