Changes in Hong Kong stocks | Jiantao Laminate (01888) rose by nearly 5%, high-grade copper-clad panels are in tight supply, and manufacturers have raised prices several times during the year

The Zhitong Finance App learned that Jiantao Laminated Board (01888) rose by nearly 5%. As of press release, it had risen 4.77% to HK$11.86, with a turnover of HK$102 million.

According to the news, according to a report by the Financial Federation, AI has driven a surge in demand for high-end PCBs, and copper-clad sheets, which are the key substrate materials for PCBs, have ushered in structural opportunities. Some high-end categories have become popular, and prices have risen at the same time. Manufacturers such as Jiantao Laminate have raised product prices several times during the year, and cost pressure and demand dividends have become important drivers of price increases. The securities department staff of Nanya New Materials and Huazheng New Materials Company both said that the current capacity utilization rate is high, and there was a price adjustment in October.

According to Societe Generale Research, AI copper-clad sheets have become the engine driving a new round of growth in the industry. According to estimates, the AI copper-clad plate market will be 2.2 billion US dollars in 2025, with a year-on-year increase of 100%. It is estimated that in 2026, due to ASIC volume and Nvidia's new copper clad plate upgrade to M9, the AI copper clad plate market will reach 3.4 billion US dollars, an increase of 60% year on year, and is expected to reach 5.8 billion US dollars by 2028.