On June 1, FIT Hon Teng rose 5.62% in regular trading, trading at HKD 9.3 per share, with trading volume of approximately HKD 134 million, extending its recent rebound momentum.
On the news front, parent company Foxconn (Hon Hai Precision) has reportedly delivered full-optical CPO switch cabinets to NVIDIA ahead of schedule, with shipment targets dramatically raised from an initial 10,000 units to 50,000 units. Additionally, Foxconn previously announced at its investor conference 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 increasing by more than 30%.
FIT Hon Teng, as Foxconn's core supplier in high-speed connectivity, continues to benefit from the rapid expansion of AI computing infrastructure across copper connections, optical modules, and liquid cooling thermal solutions. The market expects the company to directly share in the parent company's order growth dividends, driving sustained buying interest.
(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.)