HK Stock Market Move | CONANT OPTICAL (02276) rose more than 12% in intraday trading, AI smart glasses entering a period of rapid development, institutions point to the company's potential to benefit first.

CONANT OPTICAL (02276) rose more than 12% in midday trading, and as of the time of writing, it was up 10.92%, trading at 15.64 Hong Kong dollars, with a trading volume of 35.0385 million Hong Kong dollars. In terms of news, several companies have recently released smart glasses. Bytebean released AI headphones and eye-catching AI toys, Baidu released Xiaodu AI glasses, Looktech released AI smart glasses, FIIL released AI headphones, Rokid released Glasses AR glasses, and top manufacturers such as Samsung and Xiaomi will also focus on AI smart glasses in the coming 25 years. In addition, IDC released the Q3 report on the ARVR US market, with VITURE surpassing Apple to rank third, leading in the AR industry with a cliff-like lead, a year-on-year growth of 462%, and the fastest growth rate. It is reported that Viture was established in 2021 and mainly provides fashionable and high-performance AR glasses products for C-end users, with cumulative sales exceeding 200 million RMB. Guotai Junan pointed out that the company's progress in multiple research and development projects with leading global technology and consumer electronics companies is smooth, and it is optimistic about the acceleration of the smart glasses business. The bank believes that AI smart glasses are the best hardware carrier for the landing of AI, and the industry is entering a period of rapid development. The company's cooperation initiatives are on track and will benefit first. Huaxin Securities research report stated that AI glasses will become a new growth opportunity in the smart wearable market, leading the next generation of terminal revolution.