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Hongteng Precision (06088) rose nearly 7% in early trading, Hon Hai's July revenue exceeded expectations, institutions said the prospects for the second half of the year are positive.
Fit Hon Teng (06088) rose nearly 7% in early trading. As of press time, it is up 4.72%, trading at HKD 2.22 with a turnover of HKD 43.1131 million.
[Brokerage Focus] CMB International is optimistic about the technology industry and expects the sector to have good allocation opportunities at present.
King's Financial News | CMB International expresses an optimistic attitude towards the technology sector. Recently, the global technology sector has seen a correction, mainly due to concerns about the global economic slowdown, impact of the appreciation of the yen, mixed performance of overseas technology leaders, and the postponement of GB200 new products. On the fundamental side, the consumer terminal is steadily recovering, AI computing power demand continues to increase, some industrial demand has reached its bottom, and demand for autos is weak. Looking ahead, the bank believes that the technology sector currently has good allocation opportunities and continues to be bullish on high-growth AI computing power demand and innovative growth in the end-side AI, recovery of mobile/PC demand, and continuous improvement of industry chain performance.
HK stocks fluctuations | Fit Hon Teng (06088) fell more than 6% again, global technology sector has recently seen some adjustment. Institutions are bullish on the second half AI edge and Apple's upgrade cycle.
Fit Hon Teng (06088) fell more than 6%. As of press time, it fell by 4.04% to HKD 2.14, with a turnover of 15.7375 million Hong Kong dollars.
FIT Hon Teng Unit Buys 70% Stake in Electronics Equipment Maker
Stock Market Volatility: Fit Hon Teng (06088) rebounds more than 10%, Hon Hai's July revenue exceeds expectations, delay in shipment by Nvidia has short-term impact on Hon Hai's stock price.
Fit Hon Teng (06088) rebounded more than 10% in early trading. At the time of writing, it was up 5.99%, trading at HKD 2.3, with a turnover of HKD 33.1425 million.
Zhitong Hong Kong Stock Early Access | Overnight, the three major stock indexes of the US stock market collectively fell sharply. Five departments: strengthen financial support for the comprehensive revitalization of rural areas special action.
Recently, the People's Bank of China, the General Administration of Financial Regulation, the China Securities Regulatory Commission, the Ministry of Finance, and the Ministry of Agriculture and Rural Affairs jointly issued a notice on carrying out a special action to strengthen financial support for the comprehensive revitalization of rural areas by learning from the experience of the 'Millions of Project'.
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