Key facts
- Chinese investors have increased their stake in Kingboard Laminates Holdings Ltd. to 13% this year.
- Kingboard's share price has surged approximately 570% since January.
- The company is now a supplier of critical inputs for printed circuit boards used by AI companies.
Chinese investors have significantly increased their stake in Kingboard Laminates Holdings Ltd., a company now recognized as an AI darling. Their ownership has risen to 13% this year, a move that has been a primary driver behind the company's dramatic share price increase of approximately 570% since January. Kingboard has transitioned from its previous role as an industrial manufacturer to become a crucial supplier of components for printed circuit boards essential to artificial intelligence companies.