Movement Alert｜FIT Hon Teng Rises 4.38% in Regular Trading, Parent Hon Hai Secures Major NVIDIA Full-Optical CPO Order with Shipment Target Raised to 50000 Units

Market Focus05-27

On May 27, FIT Hon Teng rose 4.38% in regular trading, trading at HKD 9.02 per share, with trading volume of approximately HKD 139 million, rebounding after the previous session's pullback.

On the news front, parent company Hon Hai (Foxconn) has reportedly delivered full-optical CPO switch cabinets to NVIDIA ahead of schedule, with supply described as extremely tight. As NVIDIA's exclusive contract manufacturer and design partner for full-optical CPO, Hon Hai's shipment target has been significantly raised from over 10,000 units to 50,000 units over the next two years. FIT Hon Teng, as Hon Hai's core high-speed connectivity supplier, continues to benefit from AI computing infrastructure expansion across copper interconnects, optical modules, and liquid cooling solutions. The stock had previously pulled back 3.09% due to elevated valuation concerns, with the current P/E ratio still at approximately 54x, but the upgraded CPO order outlook reignited bullish momentum.

(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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