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| HSI1 | 26,389.04 | +0.60 | 306.70B |
| HSCEI1 | 8,858.63 | -17.75 | 113.18B |
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2026-05-14 13:53:14 Citi issued a report stating that CJS (600176.SH) announced a major investment plan to build a production base in Huai'an with annual capacity of 50,000 tonnes of electronic glass fiber yarn and 320 million meters of electronic fabric. The bank believes that as KB LAMINATES (01888.HK) has surged 256% year-to-date, the expansion news may negatively affect its short-term market sentiment. However, Citi believes that any share price pullback would present a good buying opportunity, as supply bottlenecks in the electronic fiber industry remain constrained by the slow growth in the number of weaving machines. Citi expects KB LAMINATES' own monthly electronic fabric production capacity to increase by about 14% to 65 million meters before end-2026. Given limitations in weaving machine supply, industry supply growth is expected to remain limited over the next two years. Citi maintained its Buy rating on KB LAMINATES with a TP of HKD51. (da/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |