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Kingboard’s 570% Rally Is Being Powered by Mainland Investors

Kingboard’s 570% Rally Is Being Powered by Mainland Investors
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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.
Kingboard (ORG) Rally Is Being Powered by Mainland Investors Kingboard (ORG) Rally Is Being Powered by Mainland Investors (ORG) Chinese (ORG) AI (ORG) Kingboard Laminates Holdings Ltd. (ORG) Hong Kong (LOCATION)
Originally published by Bloomberg Technology Read original →