No Data
We Think FIT Hon Teng (HKG:6088) Can Stay On Top Of Its Debt
Hong Kong stock movement | Fit hon teng (06088) is currently down over 5%. Foxconn's November revenue is weak, raising market concerns that AI demand may not offset the sluggish performance of apple.
Fit Hon Teng (06088) is now down more than 5%, as of the time of publication, it has dropped by 5.01%, closing at 3.22 Hong Kong dollars, with a turnover of 26.0128 million Hong Kong dollars.
[Brokerage Focus] china securities co.,ltd. maintains a "buy" rating on fit hon teng (06088), indicating that AI will drive revenue growth and the company's profitability is expected to improve.
Kingfive Financial News | China Securities Co.,Ltd. has released research reports, stating that Fit Hon Teng (06088) is a leading global manufacturer in the precision components field, with Foxconn being the actual controlling shareholder. The development of AI is driving the construction of computational infrastructure, and the company's layout in high-speed connection systems covers areas such as copper connections, optical modules, and is expected to benefit fully. The company's AI-related products applied on compute Boards such as CPU sockets, MCIO connectors have significantly increased revenue and boosted performance growth. In the third quarter, the company's AI revenue increased threefold. New products like power busbars, CDU liquid cooling connectors are also mentioned.
The mobile industry chain is collectively on the rise. BYD Electronics (00285) rose by 12.74%. goldman sachs pointed out that the trend of upgrading camera specifications is obvious.
Jingu Wealth News | The mobile industry chain as a whole is on the rise, cowell (00285) up 12.74%, cowell (01415) up 8.35%, fit hon teng (06088) up 6.58%, aac tech (02018) up 6.29%, q tech (01478) up 4.19%, sunny optical (02382) up 3.18%. Goldman Sachs research indicates that in 2024, the shipment growth of smart phone market in China is slowing down, with a 1% year-on-year decrease in shipments in October, while a 6% year-on-year increase from January to October. Monthly market shipments peaked in May after reaching a high in May.
Hongteng Precision (06808) surged over 7% again, with a net profit increase of over 24% in the third quarter, driven by strong growth in network infrastructure business.
Fit hon teng (06808) has risen over 7% again, with a cumulative increase exceeding 30% this month. As of the time of writing, it has increased by 5.85%, priced at 3.44 Hong Kong dollars, with a transaction volume of 66.5657 million Hong Kong dollars.
Does FIT Hon Teng (HKG:6088) Deserve A Spot On Your Watchlist?
Investors Five-year Losses Continue as FIT Hon Teng (HKG:6088) Dips a Further 9.7% This Week, Earnings Continue to Decline
No Data
