HK Stock Movement | CONANT OPTICAL (02276) Rises Over 5% Ahead of Quark AI Glasses Launch; Analysts Bullish on XR Business Progress

Stock News11-27

CONANT OPTICAL (02276) surged more than 5%, reaching HK$48.78 by the time of writing, with a trading volume of HK$9.3046 million. The rally comes ahead of the Quark AI Glasses new product launch event scheduled for 2 PM today. As the exclusive lens supplier for the Quark AI Glasses S1, CONANT OPTICAL saw the product top sales charts during the "Double 11" pre-sale period, ranking first in Tmall's smart glasses brand, store, and XR category sales, with cumulative sales exceeding 5,000 units. Analysts at Huachuang Securities previously highlighted optimism about the company's XR business development. CONANT OPTICAL has deep expertise in the eyewear manufacturing industry, with balanced domestic and international sales, and structural upgrades expected to drive sustained profitability improvements. The company has partnered with several leading 3C manufacturers to develop smart glasses, signaling promising growth potential. The accelerated development of the smart glasses industry chain and the company's steady product upgrades further bolster its outlook.

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