Movement Alert｜FIT Hon Teng Rises 3.27% in Regular Trading, CPO Mass Production Controversy Gradually Digested as Oversold Stock Sees Technical Recovery

On June 22, FIT Hon Teng rose 3.27% in regular trading, trading at HKD 7.76 per share, with turnover of HKD 137 million.

On the news front, the market is gradually digesting prior CPO mass production timeline disputes, driving a technical recovery in the previously oversold stock. SemiAnalysis had earlier published a report claiming CPO scaled mass production could be delayed to 2028 or even 2029, triggering consecutive deep corrections across the optical communications sector, with FIT Hon Teng retreating over 30% from its June 3 high. However, NVIDIA executives have publicly refuted the claim and explicitly confirmed that H2 CPO switch mass production plans remain on schedule with no delays.

Additionally, the Ministry of Industry and Information Technology recently issued the Implementation Opinions on AI Plus Information and Communications Innovation Development, emphasizing the strengthening of high-end optoelectronic chip and device R&D. Analysts note that AI computing power bottlenecks are gradually shifting toward connectivity, with high-speed optical module volume growth directly driving surging demand for MPO connectors as core interconnect components. The combination of policy support and clarified production timelines is helping restore market confidence in the sector.

(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.)