Business & Finance
Kingboard’s 570% Rally Is Being Powered by Mainland Investors
Key Points
Kingboard’s 570% Rally Is Being Powered by Mainland Investors Chinese investors have fueled a surge in shares of newfound AI darling Kingboard Laminates Holdings Ltd., more than doubling their stake in the company to 13% this year, according to the latest stock exchange data. Hong Kong-listed Kingboard has surged about 570% since the start of January as it has transformed from a mature industrial manufacturer into a supplier of critical inputs for printed circuit boards used by artificial...
Kingboard’s 570% Rally Is Being Powered by Mainland Investors
Chinese investors have fueled a surge in shares of newfound AI darling Kingboard Laminates Holdings Ltd., more than doubling their stake in the company to 13% this year, according to the latest stock exchange data.
Hong Kong-listed Kingboard has surged about 570% since the start of January as it has transformed from a mature industrial manufacturer into a supplier of critical inputs for printed circuit boards used by artificial intelligence companies.