Movement Alert|KINWONG Falls 3.57% in Regular Trading, Hong Kong PCB Sector Undergoes Broad Pullback

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Yesterday

On October 7, KINWONG fell 3.57% in regular trading, trading at 75.6 Hong Kong dollars per share, with turnover of approximately 3.96 million Hong Kong dollars. The decline coincided with a sector-wide pullback among Hong Kong-listed PCB stocks, signaling short-term profit-taking following the company's H-share debut.

Peer performance underscored the sector weakness, with KB Laminates down 5.54%, Kingboard Hldg down 3.36%, and VGT down 3.46%. KINWONG completed its H-share listing on September 29 at an issue price of 69.88 Hong Kong dollars, closing its first day at 77.05 Hong Kong dollars, a gain of over 10%. The recent softness reflects post-listing valuation digestion and cooling sector sentiment after initial enthusiasm.

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