HK Stock Market Move | TIME INTERCON (01729) rose by more than 7% in early trading, with profits in the first half of the year increasing by up to 170%. Institutions point to much higher than market optimistic expectations.

TIME INTERCON (01729) surged more than 7% in the morning session, as of the time of writing, it is up by 4.19% at HK$15.68, with a trading volume of HK$275 million. On the news front, TIME INTERCON announced that it is expecting a 150%-170% increase in net profit in the first half of 2026 compared to the same period in 2025. CMSC released a research report stating that profits in the first half of the year increased significantly by 150-170% year-on-year, far exceeding market expectations, mainly due to contributions from MPO, servers, and Lenny cables. The bank pointed out that TIME INTERCON is an important component of the Luxshare ecosystem, with excellent positioning in the data communication business, MPO optical communication, AI servers, and other races, maintaining high-quality growth; the automotive business benefits from the successful acquisition of Lenny cables, aiming to quickly rise to become a global leading automotive cable supplier; the medical equipment business has a long growth path, actively laying out frontier races, combined with Luxshare system to enable collaborative growth, gathering data communication + automotive + medical three driving forces to promote long-term development.