Hong Kong Stocks Movement | CONANT OPTICAL (02276) Rises Over 4% Again as Exclusive Lens Supplier for Quark AI Glasses; Analysts Highlight Strong Profitability for Eyewear Firms

Stock News12-04

CONANT OPTICAL (02276) surged over 4% again, reaching HK$57.35 by the time of writing, with a trading volume of HK$30.97 million. The rally follows the official launch of Quark AI glasses on November 27, the first smart hardware equipped with the Qianwen assistant. Alibaba Group Vice President Wu Jia stated that the glasses enhance Qianwen's integration with the physical world, with plans to expand to more smart devices. The Qianwen assistant in Quark AI glasses already incorporates core Alibaba ecosystem services such as Alipay, Amap, Taobao, Fliggy, and Alibaba Business Travel, enabling practical assistance in real-world scenarios.

According to CONANT OPTICAL's official account, the company serves as the exclusive lens supplier for Quark AI glasses, marking another milestone in its domestic market expansion. Oriental Securities noted that the retail price of Quark lenses includes a 13% tax and profit margin, suggesting Alibaba may not impose excessive premiums, particularly on 1.74 high-index lenses, thereby ensuring strong profitability for eyewear manufacturers.

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