HK Stock Market Move | AAC TECH (02018) rises by over 5% again. SRG optical waveguide lenses pass head customer testing and mass production.

AAC TECH (02018) rose by more than 5%, up 5.32% to 47.9 Hong Kong dollars at the time of writing, with a turnover of 1.55 billion Hong Kong dollars. On the news front, on June 15th, AAC TECH announced that its AI glasses dedicated SRG (Surface Relief Grating) diffraction waveguide lenses have successfully passed tests by multiple global leading terminal customers, reaching mass production cooperation agreements. Some projects have entered the stage of mass production ramp-up, and it is expected that a window of scale production will be reached in the second half of 2026. Huatai previously released a research report stating that looking ahead to 2026, with the landing of AI edge hardware acceleration, continued strong growth in cooling, and the scale production of XR optics, we expect AAC TECH to continue to benefit from the wave of smart hardware upgrades. The target price has been raised to 60 Hong Kong dollars, maintaining a "Buy" rating.