FIT HON TENG Surges Over 7% in Morning Session, CMB International Sets Target at HK$7.42

Deep News05-04

FIT HON TENG (06088) saw its shares rise by 7.42% in morning trading, currently quoted at HK$8.26, with a turnover of HK$147 million.

Separately, Bank of America projected that global capital expenditure by hyper-scale cloud computing providers would exceed $800 billion by 2026, representing a 67% year-on-year increase. It is further anticipated to surpass $1 trillion in 2027, growing by approximately 25%.

CMB International highlighted that FIT HON TENG's management holds an optimistic outlook on AI server upgrades over the next three years. The firm has raised its revenue contribution forecast from cloud/data center operations for 2026-2028 from the previous low-20%/mid-20%/low-20% to low-30%. The target price of HK$7.42 is based on a projected 2026 price-to-earnings ratio of 21 times. It is expected that as AI-related revenue contributions increase in 2026-2027, the company's valuation may undergo further reassessment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1146361326?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-04 11:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146361326","market":"us","top_or_hot":-1,"title":"FIT HON TENG Surges Over 7% in Morning Session, CMB International Sets Target at HK$7.42","media":"Deep News","content":"<p>FIT HON TENG (06088) saw its shares rise by 7.42% in morning trading, currently quoted at HK$8.26, with a turnover of HK$147 million.</p>\n<p>Separately, Bank of America projected that global capital expenditure by hyper-scale cloud computing providers would exceed $800 billion by 2026, representing a 67% year-on-year increase. It is further anticipated to surpass $1 trillion in 2027, growing by approximately 25%.</p>\n<p>CMB International highlighted that FIT HON TENG's management holds an optimistic outlook on AI server upgrades over the next three years. The firm has raised its revenue contribution forecast from cloud/data center operations for 2026-2028 from the previous low-20%/mid-20%/low-20% to low-30%. The target price of HK$7.42 is based on a projected 2026 price-to-earnings ratio of 21 times. It is expected that as AI-related revenue contributions increase in 2026-2027, the company's valuation may undergo further reassessment.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FIT HON TENG Surges Over 7% in Morning Session, CMB International Sets Target at HK$7.42</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFIT HON TENG Surges Over 7% in Morning Session, CMB International Sets Target at HK$7.42\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-05-04 11:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>FIT HON TENG (06088) saw its shares rise by 7.42% in morning trading, currently quoted at HK$8.26, with a turnover of HK$147 million.</p>\n<p>Separately, Bank of America projected that global capital expenditure by hyper-scale cloud computing providers would exceed $800 billion by 2026, representing a 67% year-on-year increase. It is further anticipated to surpass $1 trillion in 2027, growing by approximately 25%.</p>\n<p>CMB International highlighted that FIT HON TENG's management holds an optimistic outlook on AI server upgrades over the next three years. The firm has raised its revenue contribution forecast from cloud/data center operations for 2026-2028 from the previous low-20%/mid-20%/low-20% to low-30%. The target price of HK$7.42 is based on a projected 2026 price-to-earnings ratio of 21 times. It is expected that as AI-related revenue contributions increase in 2026-2027, the company's valuation may undergo further reassessment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1170","symbol_name":"电子元件","start_time":0,"source_url":"","article_id":"1146361326","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146361326","pubTimestamp":1777866063,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"FIT HON TENG (06088) saw its shares rise by 7.42% in morning trading, currently quoted at HK$8.26, with a turnover of HK$147 million. Separately, Bank of America projected that global capital...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1170":"电子元件","06088":"鸿腾精密","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","EWH":"香港ETF-iShares MSCI","BK1508":"富士康概念","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC"},"translate_title":"飞度鸿腾早盘大涨超7%招银国际目标7.42港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06088":1,"EWH":1},"content_text":"FIT HON TENG (06088) saw its shares rise by 7.42% in morning trading, currently quoted at HK$8.26, with a turnover of HK$147 million.\nSeparately, Bank of America projected that global capital expenditure by hyper-scale cloud computing providers would exceed $800 billion by 2026, representing a 67% year-on-year increase. It is further anticipated to surpass $1 trillion in 2027, growing by approximately 25%.\nCMB International highlighted that FIT HON TENG's management holds an optimistic outlook on AI server upgrades over the next three years. The firm has raised its revenue contribution forecast from cloud/data center operations for 2026-2028 from the previous low-20%/mid-20%/low-20% to low-30%. The target price of HK$7.42 is based on a projected 2026 price-to-earnings ratio of 21 times. It is expected that as AI-related revenue contributions increase in 2026-2027, the company's valuation may undergo further reassessment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.3","shortVersion":"4.42.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1146361326","isCrawlerRequest":true}