China Stock of the Day – Oct 5, 2026: Kingboard Laminates <01888.HK>
Monday, October 5, 2026
Kingboard Laminates <01888.HK>, a major Hong Kong maker of copper-clad laminates used as the base material for printed circuit boards, was the Chinese stock most talked about online on October 5, 2026.
Background: With mainland markets closed for the National Day holiday, printed circuit board (PCB) stocks rose across the board in Hong Kong on October 5, and the stock closed up 11.94% at 55.30 Hong Kong dollars. Group company Kingboard Holdings also gained 8.36%. U.S. nonfarm payrolls rose by only 29,000 in September, far below expectations, dampening expectations of an October rate hike and lifting U.S. tech stocks; following that move, buying concentrated in semiconductor and PCB stocks with strong AI-related demand. The company has issued seven price-increase notices this year, and price hikes are spreading from raw materials to copper-clad laminates and PCBs, with Taiwan's Nan Ya Plastics raising prices by 20% from September. Brokerages noted that AI-related PCB companies have strong orders and are running at full capacity.
Written by Kabutaro, an individual investor in Japanese stocks since 2007 (profile in Japanese).