HK Stock Market Move | Hongteng Precision (06088) rose by over 9% during trading hours, with a focus on strengthening the research and development of high-end optoelectronic chips and devices domestically. The bottleneck of AI computing power is gradually shifting towards "connection."

Hongteng Precision (06088) rose more than 9% intraday and, as of press time, increased by 7.34% to 7.9 Hong Kong dollars, with a trading volume of 241 million Hong Kong dollars. On the news front, the Ministry of Industry and Information Technology recently issued a notice on the implementation of the "Artificial Intelligence + Information Communication" Innovation and Development Plan (2026-2028). It emphasized strengthening the research and development of high-end optoelectronic chips and devices, including high-speed optoelectronic chips, high-speed forwarding/switching chips, all-optical switching devices, and optoelectronic hybrid packaging devices. It also called for the acceleration of the maturity of technological solutions and the verification of optical-electronic hybrid networking technology and the tackling of smart optical interconnect technology. GF SEC believes that the current bottleneck of AI computing power is gradually shifting towards "connection." Due to the relatively small size of the existing market for polarization-maintaining fiber (according to the data forecasted by various institutions, the current market space is less than $1 billion), there are fewer companies focusing on the development of polarization-maintaining fibers. Guosheng's research report states that the mass production of high-speed optical modules directly drives the surge in demand for MPO connectors. MPO connectors are the standard matching devices for high-speed optical modules, and the two are highly tied in terms of physical connection and technical specifications. With the acceleration of AI computing construction, the demand for high-speed optical modules continues to rise, directly driving the explosive demand for MPO connectors as its core connecting components.