06088 FIT HON TENG
- 3.470
- +0.020+0.58%
FIT HON TENG News
Hong Kong stock concept tracking | The demand brought by Apple AI may be realized, institutions focus on this round of Apple replacement cycle (with concept stocks)
Apple's entry into the AI terminal further accelerates the landing of edge-side AI, which is expected to redefine the usage scenarios of edge-side devices and drive the hardware replacement cycle.
Hongteng Precision (06088) rose over 6% again in the Hong Kong stock market, with advantages in Apple's AI landing on the platform stronger than in Android. The replacement cycle of hardware is expected to come.
Fit Hon Teng (06088) rose more than 6% again, accumulating more than 30% in the past four trading days. As of the time of publication, it rose 5.74% to HK$3.13, with a turnover of HK$46.9491 million.
HK stock market news: Fit Hon Teng (06088) rises more than 5% again and has increased 1.5 times this year, and the company is expected to benefit from high demand for Apple's replacement and AI servers.
Fit Hon Teng (06088) has risen by more than 5%, with a cumulative increase of more than 1.5 times this year. As of press time, it has risen by 5.28%, to HKD 2.99, with a turnover of HKD 75,850,100.
Investors Appear Satisfied With FIT Hon Teng Limited's (HKG:6088) Prospects As Shares Rocket 27%
FIT Hon Teng Limited (HKG:6088) shares have continued their recent momentum with a 27% gain in the last month alone. The last 30 days bring the annual gain to a very sharp 96%. Following the firm
HKEX Change | Hon Hai's subsidiaries are rising across the board. Fit Hon Teng (06088) rose nearly 4% intraday. Nvidia and Hon Hai will build an advanced computing center.
Hon Hai Precision Industry's stocks rose across the board in the early morning trading session. As of press time, FIT Hon Teng rose by 3.02%, to HKD 2.73; FIH rose by 2.35%, to HKD 0.87; Foxconn Industrial Internet, A shares (601138.SH), rose over 5% to a historic high.
Hongteng Precision (06088) rose by more than 12%, and the company is expected to benefit from high demand for Apple replacement and AI servers.
Zhī tōng cái jīng APP learned that Fit Hon Teng Precision (06088) expanded by more than 12%, and as of the submission, it has increased by 12.08%, and the price is HKD 2.69 with a turnover of HKD 117 million. Zhāo yín guó jì believes that Apple's AI function update released at WWDC this time basically meets the market's previous expectations. Considering that only devices such as the iPhone 15 Pro series and devices that use M1 or updated chips can use Apple Intelligence among the already released product types, the bank expects product update and replacement demand in the third quarter of this year, and related supply chain companies include Fit Hon Teng Precision.
[Brokerage Focus] CMB International is bullish on the revolutionary AI function of Apple, which is expected to shorten the replacement cycle and benefit companies in the related industry chain.
Jingu Financial News | China Merchants International stated that on June 11th Beijing time, Apple hosted the WWDC World Developers Conference and released the iOS 18 and the new versions of macOS/iPadOS/watchOS systems. They also launched the Apple Intelligence, an AI smart home product. The stock market reacted positively to the conference. The bank believes that the update of Apple Intelligence function has received widespread attention from investors, and its function updates on the WWDC basically meet the market's expectations. The iOS 18 update adds
Abnormal shock | Fit Hon Teng rises more than 18%, NVIDIA releases new product roadmap, Morgan Stanley says Hon Hai AI servers potential is underestimated.
On June 6, Hongteng Precision (06088.HK) rose 18.26%, to HKD 2.72, with a turnover of HKD 125 million. Source: Futubull. On the news front, Nvidia released a new product roadmap featuring the full range of Blackwell products, and announced the 26th year Rubin new generation platform. Product acceleration iteration continues to drive explosive growth of AI + applications from the supply side. Zheng Hongmeng, Chairman of Foxconn Industrial Internet, said that he has seen the visibility of new orders for generative AI servers and estimated that the revenue proportion of AI applications in cloud computing projects will reach 40% this year. AI.
FIT Hon Teng's (HKG:6088) Returns On Capital Not Reflecting Well On The Business
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expandin
FIT Hon Teng Set to Update Corporate Governance
Changes in Hong Kong stocks | Hongteng Precision (06088) rose more than 10% this year, server/interconnect business revenue is expected to increase 15-20% year-on-year
The Zhitong Finance App learned that Hongteng Precision (06088) has increased by more than 10%, with a cumulative increase of more than 160% since the beginning of March. As of press release, it rose 9.35% to HK$2.69, with a turnover of HK$687.442 million. CMB International pointed out that Hongteng Precision is one of the world's leading server connector manufacturers. Management expects server/interconnection business revenue to increase by 15-20% year-on-year in 2024, and AI server-related product revenue will account for 8-10% of revenue, a significant increase compared to 1% in 2023. It is mainly driven by increased shipments of copper connector products, and includes MCI
Changes in Hong Kong stocks | Hongteng Precision (06088) rose more than 6%. The TWS business is expected to start increasing annual revenue in the second half of the year or achieve double-digit growth
Hongteng Precision (06088) rose more than 6%. As of press release, it had risen 6.17% to HK$2.41, with a turnover of HK$36.1072 million.
Changes in Hong Kong stocks | Hongteng Precision (06088) is now up more than 5%, demand for underlying computing power infrastructure is expanding, Damo says Hon Hai's AI server potential is underestimated
The Zhitong Finance App learned that Hongteng Precision (06088) is now up more than 5%. As of press release, it has risen 5.26% to HK$2.21, with a turnover of HK$22.205 million. CICC pointed out that the rapid iteration of AI models is continuing to drive the expansion of demand for underlying computing power infrastructure. Zheng Hongmeng, chairman of Fidelity Industries, a subsidiary of Hon Hai, said recently that he has seen the visibility of new orders for generative AI servers. It is estimated that AI applications will account for 40% of the revenue of cloud computing projects this year, and AI servers will account for 40% of the global market. Damo previously pointed out that the potential related to Hon Hai's AI server has not been fully understood by the market. Hong
Pulling Back 4.1% This Week, FIT Hon Teng's HKG:6088) One-year Decline in Earnings May Be Coming Into Investors Focus
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Changes in Hong Kong stocks | Hongteng Precision (06088) is now up more than 7%, and IFF expects AI server market share to reach 40%, Damo says Hon Hai's related potential is underestimated
Hongteng Precision (06088) is now up more than 7%. As of press release, it has risen 5.83% to HK$2.36, with a turnover of HK$19.0938 million.
Changes in Hong Kong stocks | Hongteng Precision (06088) increased by more than 6% GB200 servers or mass-produced Hongteng in September to actively lay out connectivity solutions
Hongteng Precision (06088) rose more than 6% in early trading. As of press release, it had risen 5.94% to HK$2.32, with a turnover of HK$18.594 million.
Changes in Hong Kong stocks | Hongteng Precision (06088) is now up more than 9% AI infrastructure is still booming, and the company is expanding the overseas layout of its consumer electronics business
Hongteng Precision (06088) is now up more than 9%. As of press release, it is up 9.23% to HK$2.13, with a turnover of HK$18.640,500.
Changes in Hong Kong stocks | Hongteng Precision (06088) fell more than 8% and turned into a loss of US$468.74 million in the first quarter
Hongteng Precision (06088) fell more than 8% in the intraday period. As of press release, it was down 7.73% to HK$2.03, with a turnover of HK$22.494 million.
FIT Hon Teng Swings to Q1 Profit
FIT Hon Teng (HKG:6088) recorded a net profit of $10.2 million during the first quarter of 2024, compared to a loss of $9.3 million in the year-ago period, a Thursday filing on the Hong Kong bourse sa
[Hong Kong Stock Connect] Hongteng Precision (06088)'s net profit from continuing operations for the first quarter was US$10.201 million, reversing year-on-year losses
Jinwu Financial News | Hongteng Precision (06088) announced that for the three months ended March 31, 2024, net profit from continuing operations was US$10.201 million, compared with a net loss of US$9.297 million for the same period last year. Revenue and other operating income for the period were US$965 million, up 11.99% year on year.
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