Flash | 28 Dec 2025 18:52:53 ET │ 14 pages China CCL Sector KBL's Second Price Inflation This Month CITI'S TAKE KBL unveiled another round of price inflation this month with ASP up by 10% on copperclad laminate (CCL) with effective date of 26 Dec. We expect KBL's stock will rise positively on the next trading day on 29 Dec given the HK holiday on 26 Dec. Note other major A-share comps Shengyi Tech (600183.SS) rallied by 5% and Nanya New Material (688519.SS, NR) rose by 13%. We believe the ASP inflation shou ...