TRANSTECH (09963) surged over 40%, rising 48.57% to HK$0.52 at the time of writing, with trading volume reaching HK$1.4497 million. On the news front, TRANSTECH recently announced its interim results for 2025, reporting revenue of HK$38.746 million, down 46.82% year-over-year. The announcement stated that the revenue decline was primarily due to optical cable sales decreasing approximately 46.0% to around HK$37.4 million, and optical fiber sales falling approximately 63.9% to around HK$1.3 million. Securities analysts indicate that AI data center capital expenditure is surging, with demand for low-loss optical fibers such as multimode fiber and hollow core fiber expected to increase rapidly. As operators have prioritized increased investment in cloud computing and data centers, demand for multimode fiber applications in data centers and G.654.E cables in long-haul trunk lines continues to grow. Low-loss fiber connectivity serves as critical infrastructure for AI data centers, effectively supporting large-scale data transmission and high-speed computing tasks.
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Hong Kong Stock Movement | TRANSTECH (09963) Surges Over 40% with H1 Revenue of HK$38.746 Million as Institutions Favor AI-Driven Optical Fiber Demand
Stock News09-02
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