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Hong Kong stock movement | FIT HON TENG (06088) rises over 5%. This week, annual performance will be announced. The AI Server interconnection layout will support future development.
FIT HON TENG (06088) rose over 5%, as of the time of writing, up 5.44%, trading at 3.1 HK dollars, with a transaction amount of 0.129 billion HK dollars.
[Brokerage Focus] China Merchants International: As we enter the performance period in March, the overall profit forecast for the Technology Sector is expected to have room for upward adjustments.
Jingwu Financial News | Zheshang Bank International stated that against the backdrop of a recent correction in the Technology Sector from high positions and geopolitical uncertainties entering the March earnings period, it expects individual stock performances to further diverge, and the overall profit forecasts for the Technology Sector are likely to be revised upward. In terms of the Industry Chain, the Global demand for mobile phones/PCs is rebounding, DeepSeek's cost reduction is driving AI innovation implementation, national subsidies are stimulating replacement demand, intelligent driving is accelerating penetration, and AI Server growth continues. The bank believes that the Technology Industry is likely to continue outperforming the market, recommending the layout of three main lines: 1) DeepSeek accelerating edge-side AI implementation, with AI smart glasses ramping up production.
Zhito Hong Kong Stock News | The State Council issued the "Guiding Opinions on Making Good Use of the Financial 'Five Major Articles'". The China Golden Dragon Index rose 6.4%.
The General Office of the State Council issued the "Guiding Opinions on Doing a Good Job on the Five Major Articles of Finance."
Are FIT Hon Teng Limited's (HKG:6088) Mixed Financials Driving The Negative Sentiment?
FIT Hon Teng Limited Schedules Board Meeting to Discuss Annual Results and Dividend
FIT HON TENG (06088.HK) plans to hold a Board of Directors meeting on March 12 to approve the annual performance.
Gelonghui reported on February 28 that FIT HON TENG (06088.HK) announced it will hold a Board of Directors meeting on March 12, 2025 (Wednesday), to (including) (i) consider and approve the group's annual performance for the year ending December 31, 2024; and (ii) consider the proposal to distribute a final dividend for the year ending December 31, 2024 (if any).