Hong Kong Stock Market News | Hongteng Precision rose nearly 4% again, doubling since early March, as the copper interconnection industry chain welcomes a surge in trading volume

Hongteng Precision rose nearly 4%, with its stock price doubling since the beginning of March. As of the time of writing, it rose by 2.83% to HKD 2.18, with a turnover of HKD 24.6906 million. Minsheng Securities stated that NVIDIA's new product GB200 is expected to become a high-volume product, with its GPU internal connection using a copper cable technology solution, and the related supply chain is expected to benefit from the increase in volume opportunities. The firm pointed out that Hongteng Precision launched the 224G high-speed I/O series products at DesignCon this year. In addition, the company has also developed excellent copper connection solutions, especially in chip center architecture, including common packaging solutions, near-chip connectors, and the 224G internal cable to IO family series products. CICC previously pointed out that Hongteng Precision's network equipment and computer-related business revenue face short-term growth pressure. However, the proportion of revenue from AI infrastructure construction may increase, and the company's active global layout may drive revenue growth from its North American major clients