On September 11, TIME INTERCON fell 5.17% in regular trading, trading at HK$18.15 per share, with turnover of approximately HK$79.73 million. The decline came after overnight US optical communication stocks suffered a broad selloff, with Lumentum dropping over 5%, Marvell Technology falling over 3%, Coherent and Corning each declining more than 3%, and the Philadelphia Semiconductor Index sliding nearly 2%.
As a core HK-listed optical communication and AI server play, TIME INTERCON had rallied over 7% in the prior session, and the current pullback reflects a giveback of recent gains amid external headwinds. The company reported strong interim results earlier, with first-half revenue of approximately HK$10.066 billion, up 107.4% year-over-year, and net profit attributable to shareholders of approximately HK$828 million, up about 164%. Brokerages have maintained bullish ratings, noting that the company's computing power business remains undervalued, with MPO connectors, AI servers, CPO optical communication products, and 800V power cables poised for volume ramp-up.
(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.)
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