HK Stock Market Move | CONANT OPTICAL(02276) rose more than 3%, the company is actively positioning itself in the smart glasses market, and Goer's acquisition of shares demonstrates recognition of the industry chain.

CONANT OPTICAL (02276) rose more than 3%, and as of the publication, it was up 3.1% to 24.95 Hong Kong dollars, with a turnover of 1951.92 million Hong Kong dollars. On the news front, CONANT OPTICAL previously announced that it had completed a placement of 53.325 million shares on January 6, with each share priced at 15.86 Hong Kong dollars, raising approximately 8.28 billion Hong Kong dollars for research, design, and manufacturing of lenses and visual solutions for smart glasses and XR head-worn devices. Shenwan Hongyuan Group stated that the market for smart glasses is growing rapidly, and the company is actively positioning itself for a competitive advantage. Goer plans to continuously subscribe to and acquire company shares, demonstrating the recognition of the industry chain, while also potentially empowering the development of company-related businesses and opening up future growth opportunities. Guotai Junan pointed out that AI smart glasses are the best hardware carrier for AI applications, and the industry is entering a period of rapid growth. The company's cooperation projects are progressing smoothly and are expected to benefit first.