On June 25, Lens Technology rose 3.5% in regular trading, trading at 27.68 HKD/share, with turnover of 302 million HKD. The stock rebounded after retreating from above 30 HKD to a recent low of 26.52 HKD, as short-term profit-taking pressure eased and multiple positive catalysts re-ignited buying interest.
On the news front, the company is currently participating as an independent exhibitor at the 4th China International Supply Chain Expo in Beijing (June 22-26), showcasing advanced products including 0.03mm ultra-thin glass for foldable screens, TGV glass substrates for semiconductor packaging, and aerospace-grade components. The company has reportedly overcome mass-production barriers for AI glass substrates (TGV), marking a key leap from consumer electronics into advanced semiconductor packaging. Additionally, earlier catalysts remain in play: the subsidiary Lens Optoelectronics completed its acquisition of hollow-core fiber leader Tongsheng Optoelectronics, entering the AI computing optical transmission space, while its role as a core SpaceX supplier continues to support sentiment.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments