HK Stock Market Move | FIT HON TENG (06088) rose more than 7% in early trading, driven by the development of AI and the construction of computing power infrastructure. The company's layout covers areas such as copper connections and optical modules.

date
20/01/2025
avatar
GMT Eight
FIT HON TENG (06088) rose by over 7% in the early trading session, as of the time of writing, it had increased by 5.36% to 3.54 Hong Kong dollars, with a trading volume of 77.2807 million Hong Kong dollars. On the news front, Huang Renxun recently stated in an interview, "We are collaborating with TSMC to develop silicon photonics technology, but it will still take a few years to be implemented. We should continue to use copper technology as much as possible, and then, if necessary, we can use silicon photonics technology, but I think that will still take a few years." Previously, the market was concerned about the transition from copper to photonics. Huaxin Securities stated that the trend of copper and photonics working together is for Scale Up and Scale Out simultaneously. China Securities Co., Ltd. previously pointed out that FIT HON TENG is a leading global manufacturer in the field of precision electronic components, and Hon Hai is the actual controller of the company. The development of AI is driving the construction of computational infrastructure, leading to a faster upgrade in system architecture. FIT HON TENG's layout in high-speed connection systems covers areas such as copper connections, optical modules, and is expected to benefit fully. With the expansion of business scale and the continuous improvement of quality and efficiency, the company's profitability is expected to increase in the future.

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