--- title: "Hongteng Precision's stock moves: up 10.20%, with three major collaborations boosting market confidence and optimistic future development prospects" type: "News" locale: "en" url: "https://longbridge.com/en/news/284161772.md" description: "FIT HON TENG rose 10.20%; Jiang Tao Laminates fell 2.64%, with a transaction amount of HKD 904 million; Shenghong Technology fell 2.41%, with a transaction amount of HKD 800 million; Sunny Optical Technology rose 3.70%, with a transaction amount of HKD 478 million; Lens Technology rose 3.14%, with a market value of HKD 91.9 billion" datetime: "2026-04-27T06:22:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284161772.md) - [en](https://longbridge.com/en/news/284161772.md) - [zh-HK](https://longbridge.com/zh-HK/news/284161772.md) --- # Hongteng Precision's stock moves: up 10.20%, with three major collaborations boosting market confidence and optimistic future development prospects **Hong Kong Stock Movement** FIT HON TENG rose 10.20%. Based on recent key news: 1. On April 24, Hon Hai and Mitsubishi Electric signed a memorandum to assess the possibility of cooperation in automotive components. This move may promote Hon Hai's expansion in the automotive sector, boosting market confidence and driving up stock prices. 2. On April 24, Hon Hai collaborated with Kaohsiung Medical University to develop smart endoscope solutions using the NVIDIA platform, showcasing technological innovation capabilities and enhancing investor confidence, leading to a rise in stock prices. 3. On April 25, the Vietnamese government actively promoted cooperation with Hon Hai to enhance its global supply chain position, increasing market expectations for Hon Hai's long-term development, benefiting stock prices. The acceleration of innovation in the technology sector has led to significant capital inflows. **Stocks with High Trading Volume in the Industry** Kingboard Laminates fell 2.64%. Based on recent news, 1. On April 27, the overall performance of Hong Kong stocks was poor, with technology stocks like Tencent and Meituan experiencing significant declines, dragging down market sentiment. As an AI-related concept stock, Kingboard Laminates performed relatively well but was still affected by overall market sentiment, resulting in a drop in stock prices. 2. On April 26, the internal shareholding situation of Kingboard Laminates attracted investor attention. Despite the company's good performance, there were concerns in the market about warning signals from internal transactions, leading to stock price fluctuations. 3. Recently, the Hong Kong stock index has hovered around 26,000 points without breaking through, resulting in weak overall market performance, which has affected individual stock performance. As part of the Hong Kong stock market, Kingboard Laminates was dragged down by the overall market performance, leading to a decline in stock prices. The overall performance of Hong Kong stocks has been weak, with technology stocks dragging down market sentiment. Shenghong Technology fell 2.41%. Based on recent news, 1. On April 24, stock commentator Li Mingde recommended Shenghong Technology, pointing out that the company is one of the suppliers for NVIDIA, specializing in high-performance computing printed circuit boards (PCBs) with clear advantages in technology and product structure. Revenue from artificial intelligence and high-performance computing has risen to become the company's largest revenue engine. Li Mingde suggested a buy price of 320 yuan, a target price of 370 yuan, and a stop-loss price of 300 yuan. This recommendation may have raised market concerns about the company's future growth, leading to a decline in stock prices. 2. On April 24, trading activity for Shenghong Technology was active, with a transaction volume reaching 800 million Hong Kong dollars, indicating clear capital flow. Despite analyst recommendations, the market reaction was poor, resulting in a decline in stock prices. 3. Recently, there have been no other significant news. The market has high expectations for artificial intelligence-related businesses, with clear capital flow. Sunny Optical Technology rose 3.70%. Based on recent key news: 1. On April 27, HSBC Global Research reported that Sunny Optical's revenue grew by 12.9% last year, with expansions in smartphone, automotive, and Internet of Things businesses, and gross profit margin increased to 19.7%. The bank raised its target price to 86.9 yuan and maintained a buy rating, driving up stock prices. 2. On April 24, Sunny Optical released its performance report through the Hong Kong Stock Exchange, showing that net profit met guidance, and core profit grew by 38%, enhancing market confidence On April 27th, brokerages raised the target price to 86.9 yuan, maintaining a buy rating, further supporting the stock price increase. Industry expansion, macroeconomic stability, and significant capital inflows. **Stocks ranked among the top in industry market capitalization** Lens Technology rose by 3.14%. Based on recent key news: 1. On April 24th, Purdue Robotics completed nearly 1 billion yuan in financing, with Lens Technology participating in the investment. This move will promote the synergistic development of smart hardware and precision manufacturing, enhancing Lens Technology's market competitiveness. 2. On April 21st, Morgan Stanley increased its holdings in Lens Technology by 895,789 shares, raising its ownership stake to 7.0%. This move demonstrates market confidence in Lens Technology, driving the stock price up. 3. On April 27th, Kewei Medical plans to globally issue 27 million shares, with Lens Technology participating as a cornerstone investor. This move will further expand Lens Technology's investment portfolio and enhance its influence in the medical device sector. 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