HK Stock Market Move | CONANT OPTICAL (02276) rises over 5%; Alibaba's Qwen releases a new generation of AI glasses; the company benefits from the rapid growth of smart glasses.

CONANT OPTICAL (02276) rose over 5%, up 5.03% as of press time, at HK$35.08, with a turnover of HK$24.135 million. On the news front, the smart glasses industry has recently seen a dense wave of new product catalysts. On October 13, Alibaba's Qwen released three new AI hardware products the AI glasses N1 and N1 Pro, and AI clip-on earphones which officially went on sale in stock on e-commerce platforms including Taobao, Tmall, JD.com, and Douyin. Overseas, Meta previously released one VR headset and two new AI glasses. Huatai noted that as domestic and international tech giants accelerate product iterations, the smart glasses industry is expected to enter a period of rapid growth, and the company, as a precision optics platform and supply chain supporting enterprise, is expected to continue benefiting. SDIC Securities previously stated that the company has carried out more than 40 cooperation projects with a cumulative total of about 20 leading smart glasses manufacturers at home and abroad, among which it exclusively supplies prescription lenses for Alibaba's Quark AI glasses, and in July 2026 signed four framework agreements, being designated as the core lens supplier or multi-year R&D partner for the smart glasses products of four major customers, covering areas including high-refractive-index ultra-thin optical waveguide prescription lenses, lens bonding and assembly, and complete device packaging.