Hong Kong Stock Movement | FIBOCOM (00638) Rises Nearly 4% in Afternoon Session; Institutions Bullish on Company's Long-Term Benefits from Device-Side AI Opportunities

Stock News2025-12-30

FIBOCOM (00638) rose nearly 4% in the afternoon session. As of the time of writing, the stock was up 2.74%, trading at HKD 15.74, with a turnover of HKD 26.12 million.

On the news front, the 2025 Guangdong-Hong Kong-Macao Greater Bay Area AI Hardware Carnival was successfully held in Shenzhen on December 26. Themed "Intelligent Connectivity for the Bay Area, Hardware Navigating the Future," the event focused on cutting-edge trends in AI hardware technology, industrial ecosystem collaboration, and practical commercialization, bringing together numerous industry experts and corporate representatives.

As a leading global provider of wireless communication and AI solutions, FIBOCOM was invited to exhibit, systematically showcasing its comprehensive AI stack capability system covering "communication-computing-platform-application," providing solid support for the large-scale implementation of AI hardware.

Huatai Securities previously pointed out that, in the short term, they believe the company's demand in overseas FWA and broader IoT businesses is expected to continue its positive trend. On the other hand, with subsequent improvements in the company's shipment mix, profitability is expected to stabilize and recover further.

In the long term, they view the penetration of AI computing power from the cloud to the edge as an inevitable trend. As a leading player in China's intelligent module sector, the company is well-positioned to capture the vast new opportunities presented by the future edge computing market. Specifically, they believe markets such as AI PCs and outdoor robots have the potential to become new drivers for the company's performance growth.

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