HK Stock Market Move | TIME CON (01729) rises by over 12% again, the pace of recovery in the optical communications industry is ahead of schedule. MPO business is the company's core profit source.

TIME INTERCON (01729) rose by more than 12%, with an increase of 11.62% as of the time of publication, reaching 17.68 Hong Kong dollars, with a turnover of 6.29 billion Hong Kong dollars. Guosheng Securities research report indicates that the optical communication industry is entering a new rhythm, with substantial demand for AI computing power explosion driving the expected recovery that usually starts in the second quarter of each year to arrive earlier. The market is showing signs of recovery, with the pace of recovery ahead of schedule, and stock prices are on the rise. The core driving force behind this change is the continuous addition of orders from overseas manufacturers, with a continuous expansion of computing power demand creating favorable conditions. CMSC previously released a research report stating that with the accelerated construction of AI computing power, MPO has advantages such as saving wiring space and optimizing wiring complexity compared to traditional single-core connectors, in line with the trend of upgrading AI data centers. MPO business is the company's core profit source, leading in the technology industry. Currently, 16-core MPO has been mass-produced and positioned in the overseas cloud factory supply chain. It is a major supplier of the Google system, with strong demand for the company's MPO products and profitability far exceeding the company's average level. With continuous expansion of large customers, overseas capacity building, and technological iteration, we predict that the MPO business will continue to grow rapidly in the coming years.