HK Stock Market Move | FIT HON TENG (06088) rises over 7% again, Nvidia copper light progresses together with a clear trend, the company's high-speed connector product shipments may significantly increase.
Hongteng Precision (06088) rose by over 7% again, accumulating a total increase of over 15% this week. As of the time of writing, it has risen by 7.65%, to 3.94 Hong Kong dollars, with a turnover of 99.2996 million Hong Kong dollars.
FIT HON TENG (06088) rose over 7% again, with a total increase of over 15% this week. As of the time of writing, it has risen by 7.65% to 3.94 Hong Kong dollars, with a turnover of 99.29 million Hong Kong dollars.
On the news front, Huang Renxun recently announced in a speech that Nvidia will continue to use copper cable interconnect solutions and will continue to use copper cables in the coming years. Huang Renxun pointed out that high-speed copper cables are expected to expand their applications in data centers, and this active cable has significant cost advantages. Previously, the market was concerned about the shift from optical to copper cables. Huaxin Securities stated that the simultaneous upgrade of Scale Up and Scale Out is an industrial trend in the integration of copper and optical cables.
China Securities Co., Ltd. previously pointed out that FIT HON TENG is a leading global manufacturer in the field of precision components, with Hon Hai being the actual controlling shareholder. The development of AI is driving the construction of computational infrastructure, and the connection system architecture is undergoing a faster upgrade. FIT HON TENG's layout in high-speed connection systems covers areas such as copper connections and 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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