HK Stock Market Move | Hongteng Precision (06088) rose nearly 15% again, Nvidia's new frame may be "copper and electricity together" AI strong demand drives high performance.

Hongteng Precision (06088) rose nearly 15% again, rising 11.53% at the time of writing to HK$6.78, with a transaction volume of HK$484 million. On the news front, at the GTC 2026 conference, Huang Renxun previewed the next generation Feynman system. The system is equipped with new GPU, LPU, a new CPU called Rosa, Bluefield 5, and Kyber architecture, and supports copper cable and CPO extension, which is interpreted by the market as a confirmation of the "coexistence of optical and copper" technology route. Previously, the market generally expected "light in, copper out". Caitong pointed out that the company's revenue from cloud network infrastructure business increased by 37.6% year-on-year, mainly benefiting from the increase in shipments of copper-based parts driven by AI demand in the server market. Looking ahead to 2026, the company will focus on high-speed connector and cable module development, deepen cooperation with leading chip manufacturers, comprehensively cover the optical interconnect field, and cloud computing business will continue to be the main driver of growth, with the revenue proportion expected to further increase.