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Insiders At FIT Hon Teng Sold US$126m In Stock, Alluding To Potential Weakness
Bearish surprise! Hong Kong stocks in the AI Infrastructure Concept all plummeted. There are still disagreements in the market about whether computing power is excessive.
① The AI Infrastructure Concept in the Hong Kong stock market experienced a collective decline; what Bearish factors are currently fermenting? ② There is still disagreement in the market regarding whether computing power is excessive; in what specific aspects does this manifest?
【Brokerage Focus】Soochow maintains FIT HON TENG (06088) "Buy" rating as its growth path in network facilities, electric Autos, and other Business areas is clear.
Golden Financial News | Soochow Securities Research pointed out that FIT HON TENG (06088) will achieve revenue of 4.451 billion USD in 2024, a year-on-year increase of 5.82%, and net income of 0.154 billion USD, a year-on-year increase of 19.2%; gross margin is 19.7%, a year-on-year increase of 0.5 percentage points. The company guides for low double-digit revenue growth and high double-digit gross profit growth in 2025. The firm stated that the Network Infrastructure Business will achieve revenue of 0.591 billion USD in 2024, a year-on-year increase of 39.1%. Benefiting from the increased demand in the AI Server market, along with a rise in demand for new platform cabinet connectors and cables, the company's copper-based component product output in 2024...
FIT Hon Teng Limited: Long-term Growth Potential Amid Short-term Challenges
Hong Kong stock movement | FIT HON TENG (06088) is currently up nearly 6%. NVIDIA's GB200 yield has reached the batch production standard, and B300 is expected to go into mass production in the third quarter.
FIT HON TENG (06088) is currently up nearly 6%, as of the time of writing, up 5.45%, reported at 2.9 HKD, with a trading volume of 75.0547 million HKD.
FIT Hon Teng Limited Just Missed Earnings - But Analysts Have Updated Their Models
Investors Five-year Losses Continue as FIT Hon Teng (HKG:6088) Dips a Further 9.7% This Week, Earnings Continue to Decline
