Movement Alert|FIT Hon Teng Rises 3.09% in Regular Trading, Parent Foxconn Secures Major NVIDIA All-Optical CPO Order Continues to Lift Shares

Market Focus
Jun 03

On June 3, FIT Hon Teng rose 3.09% in regular trading, trading at HKD 9.54 per share, with trading volume of approximately HKD 106 million, rebounding after the previous session's pullback.

On the news front, parent company Foxconn (Hon Hai Precision) was recently reported to have delivered all-optical CPO switch cabinets to NVIDIA ahead of schedule, with shipment targets significantly raised from the previous 10,000 units to 50,000 units. Additionally, Foxconn disclosed at its earnings call that AI servers now account for over 50% of total server revenue, with full-year AI rack shipments expected to double and capital expenditure plans set to increase by more than 30%.

FIT Hon Teng, as Foxconn's core high-speed connectivity supplier covering copper connections, optical modules, and liquid cooling solutions, continues to benefit from the rapid expansion of AI computing infrastructure. The market expects the company to directly share in its parent's order growth dividends, sustaining investor confidence.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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