HK Stock Market Move | FS.COM (03355) rose by over 5%, as the continuous release of demand for high-speed data center construction is expected to result in a year-on-year increase of over 60% in net profit in the first half of the year.

date
10:07 22/07/2026
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GMT Eight
Rapid Innovation (03355) rose more than 5%, as of the time of writing, it rose by 5.15%, to 37.60 Hong Kong dollars, with a trading volume of 2.8 million Hong Kong dollars.
FS.COM (03355) rose by more than 5%, as of the time of writing, it has increased by 5.59% to HK$37.76, with a turnover of HK$299.78 million. On the news front, FS.COM announced a profit increase, expecting the group to achieve a revenue of approximately HK$1.749-1.777 billion in the first half of 2026, an increase of about 25.0% to 27.0% year-on-year; a net profit of approximately HK$437.4-464.7 million, an increase of about 60.1% to 70.1% year-on-year; and an adjusted net profit of approximately HK$456.5-486 million, an increase of about 54.7% to 64.7% year-on-year. The company stated that the fluctuations in performance are mainly due to the continuous release of demand for global AI computing clusters and high-speed data center construction, driving the upturn in the business atmosphere of enterprise-level high-speed network infrastructure; the continuous optimization of business structure, with strong market demand for high-performance solutions adapted to enterprise data centers and AI high-performance computing scenarios with high added value, with a revenue growth rate in this sector expected to be around 45.4%, significantly higher than the overall revenue growth rate of the group, and the proportion of revenue from this business segment to the overall revenue of the group is expected to increase year by year, continuing to drive the overall revenue scale upward.