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[Hong Kong Stock Connect] FIT HON TENG (06088) increased by 6.23%. Institutions estimate that the future high-speed Copper cable incremental market space will be around 100 billion yuan.
Jinwu Financial News | FIT HON TENG (06088) exceeds yesterday's decline with a rise of 6.23%, reaching HKD 4.09, with a transaction volume of 49.1 million HKD. On the news side, Huang Renxun recently announced in a speech that NVIDIA will continue to use Copper cable interconnection solutions and will maintain the use of Copper cables for the next several years. Compared to optical modules, high-speed Copper cables can typically save 50% to 80% in costs, while enhancing chip performance by up to 30 times, and reducing power consumption to one twenty-fifth of traditional materials. These advantages are making high-speed Copper cables increasingly widespread in Datacenter connectivity.
Hong Kong Stock Afternoon Review | The Hang Seng Index dropped by 1.34% in the morning session, with New Oriental's sharp decline dragging down the blue-chip index.
EAST BUY's performance has dragged down New Oriental's stock price, with New Oriental plunging 23% in overnight U.S. stock trading.
Hong Kong stocks fluctuated | FIT HON TENG (06088) rose over 6% during the session. Jensen Huang affirmed the value of Copper connection cost. Company's Server/interconnection Business revenue is expected to grow significantly.
FIT HON TENG (06088) rose over 6% during intraday trading, and as of the time of this report, it has increased by 3.71%, priced at 3.63 HKD, with a trading volume of 87.3414 million HKD.
Hong Kong stocks movement | FIT HON TENG (06088) rose more than 7% in the morning session, driven by AI development and Infrastructure for computing power. The company's layout covers fields such as Copper connections, optical modules, and more.
FIT HON TENG (06088) surged over 7% in early trading, and as of this writing, it is up 5.36%, priced at 3.54 HKD, with a transaction volume of 77.2807 million HKD.
Public Companies Are FIT Hon Teng Limited's (HKG:6088) Biggest Owners and Were Hit After Market Cap Dropped HK$2.3b
Hong Kong stocks movements | FIT HON TENG (06088) fell nearly 7% during the session, and the supply chain for GB200 cabinets still requires time for optimization. NVIDIA is about to launch GB300.
FIT HON TENG (06088) fell nearly 7% during trading, and as of the time of writing, it is down 4.48%, priced at 3.41 Hong Kong dollars, with a transaction amount of 90.2562 million Hong Kong dollars.
Investors Five-year Losses Continue as FIT Hon Teng (HKG:6088) Dips a Further 9.7% This Week, Earnings Continue to Decline
