--- title: "Pre-market trend | FIT HON TENG (6088.HK) saw nearly HKD 700 million in capital inflow on May 8, can the AI hardware chain continue?" type: "News" locale: "en" url: "https://longbridge.com/en/news/285690210.md" description: "On May 8th, Hongteng Precision's stock price rose by 1.79% to HKD 9.08, with significant fluctuations during the day, peaking at HKD 9.37 and dipping to HKD 8.48, resulting in an amplitude exceeding 10%. The MACD daily line confirmed a bullish signal above the zero axis, indicating that short-term buying power is regrouping in the context of a mid-term upward trend, with signs of increasing buying momentum. The trading volume for the day was approximately HKD 691 million, which is relatively high in recent times, showing a significant increase in capital participation. On the news front, NVIDIA announced a USD 2.1 billion investment in data center developer IREN and signed a USD 3.4 billion AI cloud contract, continuing the trend of rising investment in AI infrastructure. As a global leader in precision connectors and components, Hongteng Precision directly benefits from the explosive growth in demand for AI servers and high-speed interconnects. TSMC reported a 17.5% year-on-year revenue growth in April, further validating the resilience of the semiconductor industry chain, which positively reflects on upstream connector manufacturers. The Hong Kong stock market's electronic components sector was overall active that day, with a clear willingness to invest in the hardware chain. From a technical perspective, the stock price found strong support in the HKD 8.5-8.7 range, which can be seen as a short-term support level. The 5-day moving average has turned upward; if it can stabilize above the HKD 9.0 threshold with accompanying volume, there is potential for upward testing of previous highs. However, the day's fluctuations were significant, and there is a risk of profit-taking at high levels during the day due to the presence of short-term speculative funds. The short-term trend is biased towards bullish, with industry catalysts and technical signals in the AI hardware chain resonating" datetime: "2026-05-11T01:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285690210.md) - [en](https://longbridge.com/en/news/285690210.md) - [zh-HK](https://longbridge.com/zh-HK/news/285690210.md) --- # Pre-market trend | FIT HON TENG (6088.HK) saw nearly HKD 700 million in capital inflow on May 8, can the AI hardware chain continue? On May 8th, Hongteng Precision's stock price rose by 1.79% to HKD 9.08, with significant fluctuations during the day, peaking at HKD 9.37 and dipping to HKD 8.48, resulting in an amplitude of over 10%. The MACD daily line confirmed a bullish signal above the zero axis, indicating that short-term buying power is regrouping in the context of a mid-term upward trend, with signs of emerging phase-specific bullish momentum. The trading volume for the day was approximately HKD 691 million, which is relatively high in recent times, showing a significant increase in capital participation. On the news front, NVIDIA announced a $2.1 billion investment in data center developer IREN and signed a $3.4 billion AI cloud contract, continuing the investment boom in AI infrastructure. As a global leader in precision connectors and components, Hongteng Precision directly benefits from the explosive growth in demand for AI servers and high-speed interconnects. TSMC reported a 17.5% year-on-year revenue growth in April, further validating the resilience of the semiconductor industry chain, which positively reflects on upstream connector manufacturers. The Hong Kong stock market's electronic components sector was overall active that day, with a clear willingness for hardware chain layout. From a technical perspective, the stock price found strong support in the range of HKD 8.5-8.7, which can be seen as short-term support. The 5-day moving average has turned upward; if it can stabilize above the HKD 9.0 integer mark with accompanying volume, there is potential for upward testing of previous highs. However, the large intraday amplitude indicates significant short-term speculative trading, and attention should be paid to the risk of profit-taking at high levels during the day. The short-term trend is biased towards bullishness, with the industrial catalysts of the AI hardware chain resonating with technical signals. Monitor whether the subsequent trading volume continues to maintain high levels, as well as the overnight performance of the U.S. tech sector and its reflection on Hong Kong electronic stocks. _This article only provides technical analysis and market information for reference and does not constitute any investment advice. 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