Hong Kong Stock Movers: CONANT OPTICAL (02276) Surges Over 4% Intraday, Company Deepens Collaboration with Alibaba Qwen, Benefits from Rapid Growth of Smart Glasses Industry

Stock News10-16

According to Zhitong Finance APP, CONANT OPTICAL (02276) surged over 4% intraday, rising 3.52% as of press time to HK$35.28, with turnover of HK$50.2589 million.

On the news front, Alibaba Qwen recently officially launched three new Personal Agent hardware products: the Qwen AI Glasses N1, N1 Pro, and AI clip-on earphones.

It is reported that as a core optical ecosystem partner of Alibaba Qwen, CONANT OPTICAL deeply participated in the product iteration of the N1 and N1 Pro. At the same time, the company serves as the core supplier of plano and prescription lenses for this new product series, and is also the exclusive supplier of 1.74 high-refractive-index lenses, high-value multicolor lenses, and smart photochromic lenses.

Huatai Securities pointed out that as domestic and international tech giants accelerate product iteration, the smart glasses industry is expected to enter a period of rapid growth, and the company, as a precision optics platform and industry chain supporting enterprise, is expected to continue benefiting.

Huachuang Securities stated that as the world's leading resin lens manufacturer, the company's product and business structure optimization is driving steady improvement in the profitability of its traditional core business.

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.

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