HK Stock Market Move | FIT HON TENG (06088) is currently down more than 9%, NVIDIA plunged more than 8% after earnings, and Morgan Stanley previously lowered its forecast for GB200 shipments.

FIT HON TENG (06088) is currently down over 9%, as of the time of writing, it is down 7.99%, trading at 3.11 Hong Kong dollars, with a turnover of 1.2 billion Hong Kong dollars. On the news front, NVIDIA Corporation recently released its latest financial report and forecast for the new quarter, expecting revenue for the first quarter of the fiscal year ending in April to be around $43 billion. Analysts' average expectation is $42.3 billion, with some forecasts going as high as $48 billion. Overnight, NVIDIA Corporation (NVDA.US) stock plummeted by over 8%. In addition, Morgan Stanley stated earlier this month that they have significantly lowered their 2025 NVIDIA Corporation GB200 shipment volume from the previous 30,000-35,000 to 20,000-25,000 units, which could lead to a potential market impact of $30 billion to $35 billion for the GB200 supply chain. Open Source Securities released a research report stating that the first batch of racks with Blackwell chips experienced overheating issues, and the connection method between chips also failed, further delaying the delivery of GB200 racks. Zhongyuan International previously pointed out that FIT HON TENG is one of the leading global server connector manufacturers, and the shipment volume of high-speed connectors in FIT HON TENG's network connection business is expected to significantly increase, benefiting from the mass production and shipment of GB200 servers.