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Hong Kong market quick look | The three major indices rebound strongly! The Hang Seng Index surged over 2%, with the technology and Infants-Related concept stocks performing brilliantly, Meituan rising over 5%, and JXR skyrocketing nearly 42%.
Multiple Network Technology stocks are rising, MEITUAN-W is up 5.41%, JD-SW is up 5.34%; Golden Industrial Concept stocks are strong, TONGGUAN GOLD is down 14.61%, CHINAGOLDINTL is up 8.06%; Alcoholic Beverages stocks are all rising, PALINDA GROUP is down 6.74%, CHINA RES BEER is up 5.46%.
Hong Kong stocks movement | KB LAMINATES (01888) rose more than 6% as the PCB Industry enters an upward cycle. The company's net profit last year is expected to increase by over 40% year-on-year.
KB LAMINATES (01888) has risen over 6%, currently up 6.01%, priced at 9.17 HKD, with a transaction value of 0.117 billion HKD.
Hong Kong stock Concept tracking | Victory Giant Technology's performance exceeded expectations, validating the business logic of "binding with top clients + positioning in high-end technology". Acceleration of domestic PCB replacement (with Concept stock
The Global PCB market size for computing power is expected to reach 59.2 billion yuan by 2025, with AI Server PCBs growing at over 100%. The technological gap will intensify the differentiation in the Industry.
Announcement Summary | Several Biomedical stocks announced their Earnings Reports, BEIGENE's revenue increased by 56% year-on-year last year.
① BEIGENE's revenue exceeds 27 billion yuan in 2024, how is the profitability? ② SHK PPT's mid-term profit decreased by nearly 20%, how significant is the impact?
Kingboard Laminates' 2024 Profit to Rise Over 43%
KB LAMINATES (01888.HK) profit alert: It is expected that net profit in 2024 will exceed 1.3 billion HKD, with a year-on-year growth of over 43%.
On February 27, Glonghui reported that KB LAMINATES (01888.HK) announced that the group expects to record a net profit exceeding 1.3 billion Hong Kong dollars for the year ending December 31, 2024, an increase of over 43% compared to the same period in 2023. During this period, KB LAMINATES' net profit significantly increased, mainly due to the growth in market demand, with the group’s product sales showing a marked increase compared to the same period in 2023. The Board of Directors of KB LAMINATES believes that the growth in net profit is also attributed to the group's strong and comprehensive vertical integration Operation model.