HK Stock Market Move | TIMEINTERCON(01729)rose by nearly 9% again, and the AI algorithm construction is in high demand. The MPO and server businesses are expected to benefit significantly.

TIME INTERCON (01729) rose nearly 9% again, up 6.4% as of press time, to 15.96 Hong Kong dollars, with a turnover of 1.19 billion Hong Kong dollars. In terms of news, TIME INTERCON had previously released a performance profit forecast, expecting the company's net profit to increase by 60%-70% year-on-year in 2025. CMSC believes that the growth in revenue is mainly driven by the increase in sales orders from the data center and server divisions within the wire components division, driving the group's revenue growth. The performance exceeded expectations mainly due to the strong demand for domestic servers such as Alibaba and ByteDance in 2025, driving a significant increase in the company's server business revenue. Additionally, the integration effect of Lelianti in the second half of the year also contributed to the performance improvement. The bank pointed out that TIME INTERCON is an important component of the Luxshare ecosystem, with outstanding positions in the optical communication and AI server sectors, and is expected to achieve high-quality growth. The automotive business is benefiting from the successful acquisition of Lelianti's cable business, and is expected to quickly rise to become a leading global automotive cable supplier. The medical equipment business is steadily growing and actively expanding into cutting-edge sectors, combined with the Luxshare ecosystem enabling synergistic growth, promising long-term growth prospects.