HK Stock Market Move | TRIGIANT (01300) rises over 4% after being pre-selected as a winner in China Telecom Corporation's 20262027 outdoor optical cable centralized procurement project.

TRIGIANT (01300) rose over 4%, up 4.56% as of press time, at HK$2.52, with a turnover of HK$2.4547 million. On the news front, TRIGIANT announced that on October 14, 2026, China Telecom Corporation published the announcement of the winning bids for its 20262027 outdoor optical cable centralized procurement project (hereinafter referred to as the "Winning Bid Announcement") through its online business platform. Jiangsu Junzhi Technology Co., Ltd. (hereinafter referred to as "Junzhi Technology"), a wholly-owned subsidiary of the Group, was a candidate for the winning bid. Junzhi Technology's total bid price for this tender, including tax, was RMB 10.904 billion. The announcement stated that China Telecom Corporation is one of the Group's major customers. This outdoor optical cable centralized procurement will support the development of domestic AI data centers (AIDC) and have a positive driving effect on the industry. This winning bid is of milestone significance, will bring significant business synergies and brand demonstration effects, and will further enhance the penetration rate of the Company's full range of cable products within the carrier system.