Changes in Hong Kong stocks | Hongteng Precision (06088) is expected to rise by more than 11% and is expected to turn a loss into profit in the first quarter. Management will provide more information updates on the results
Hongteng Precision (06088) rose more than 11%. As of press release, it rose 11.32% to HK$2.36, with a turnover of HK$585.22,300.
Changes in Hong Kong stocks | Hongteng Precision (06088.HK) is expected to rise by more than 5%, and net profit for the first quarter is expected to turn a year-on-year loss into profit. Management says it will continue to increase production capacity for
Hongteng Precision (06088.HK) rose more than 5%. As of press release, it was up 5.05% to HK$2.08, with a turnover of HK$138.68,500.
Hong Kong Stock Afternoon Review | Hang Seng Index and Technology Index fell slightly; chip stocks rose more than 5% in Fudan, Shanghai
Heavy infrastructure stocks generally rose; China Zhongzhi and China Railway rose about 3%; gaming stocks continued to decline, and Galaxy Entertainment fell more than 5%.
Hong Kong stock changes丨Hongteng Precision rebounded more than 7% and had a cumulative retracement of more than 25% in the previous 4 days
Glonghui, April 17 | Hongteng Precision (6088.HK) rebounded by more than 7%. The previous 4 days had a cumulative retracement of more than 25%. It is now HK$1.95, with a total market value of HK$14.2 billion. According to the news, Hongteng Precision recently announced that the Group's net profit for the three months ending March 31, 2024 is estimated to be between 7 million US dollars and 10 million US dollars, with a loss of about 9 million US dollars for the same period last year. The turning of losses into profit in the first quarter was mainly due to improvements in management efficiency and a gradual recovery in demand in the computer and consumer electronics and network equipment terminal markets.
Changes in Hong Kong stocks | Hongteng Precision (06088) rebounded by nearly 5% and expected net profit for the first quarter to be no less than 7 million US dollars, turning a year-on-year loss into profit
Hongteng Precision (06088) rebounded by nearly 5%, falling more than 25% over the past four trading days. As of press release, it rose 4.95% to HK$1.91, with a turnover of HK$13.1483 million.
Changes in Hong Kong stocks | Hongteng Precision (06088) once fell more than 7% in 4 days, and its stock price fell 20% in the first quarter, and net profit is expected to turn a loss into a profit
Hongteng Precision (06088) once fell by more than 7%. As of press release, it was down 4.43% to HK$1.94, with a turnover of HK$23.934 million.
Fit Hon Teng to Return to Black in Q1; Shares Slide 9%
Fit Hon Teng (HKG:6088) expects a net profit between $7 million and $10 million for the first quarter ended March 31, compared with a net loss of about US$9 million a year earlier, according to a Mond
Hong Kong stock changes丨After a successful dive, Hongteng Precision fell by more than 14%
Glonghui, April 15 | Hongteng Precision (6088.HK), which enjoyed a profit in the afternoon, dropped more than 14% to HK$1.8 at one point, for the third day in a row. The company announced at noon that net profit for the first quarter is expected to be between 7 million and 10 million US dollars, and a net loss of about 9 million US dollars was recorded in the same period last year. According to the company, it is expected to turn a loss into a profit in the first quarter, mainly due to improvements in the Group's management efficiency and a gradual recovery in demand in the computer and consumer electronics and network facilities terminal markets.
Express News | Hongteng Precision Technology, a subsidiary of Hon Hai, is expected to reverse year-on-year losses in the first quarter, with net profit reaching 7 million to 10 million US dollars
Express News | Hongteng Precision Technology, a subsidiary of Hon Hai, estimates that it turned a loss into a profit in the first quarter.
FIT HON TENG (06088.HK) expects net profit of 7 million US dollars to 10 million US dollars for the first quarter to reverse losses year on year
Gelonghui, April 15 | FIT HON TENG (06088.HK) announced that the Group's unaudited net profit for the first quarter of 2024 is estimated to be between US$7 million and US$10 million, while the unaudited net loss for the first quarter of 2023 is about US$9 million. The net loss for the first quarter of 2023 was converted to net profit for the first quarter of 2024, mainly due to (1) the improvement in the Group's management efficiency and (2) the gradual recovery in demand in the computer and consumer electronics and network equipment terminal markets.
FIT HON TENG: POSITIVE PROFIT ALERT
Changes in Hong Kong stocks | Hongteng Precision (06088.HK) fell more than 5%, institutions say the market is concerned about the increase and distribution of Apple TWS orders
Hongteng Precision (06088.HK) fell by more than 5%, falling nearly 20% over the past three days. As of press release, it decreased by 2.86% to HK$2.04, with a turnover of HK$10.2497 million.
FIT HON TENG(6088.HK):RECENT SELL-OFF LOOKS OVERDONE; AIRPODS PRODUCTION IN VIETNAM ON TRACK IN 1H24E
We hosted a NDR call with FIT Hon Teng (FIT)'s mgmt. yesterday (11 Apr). Share p
Changes in Hong Kong stocks | Hongteng Precision (06088.HK) fell more than 8% and fell nearly 20% in two days, and Hon Hai was revealed to be planning to implement a rotating CEO system
Hongteng Precision (06088.HK) fell more than 8%, falling nearly 20% over two days. As of press release, it fell 4.65% to HK$2.05, with a turnover of HK$37.1606 million.
Changes in Hong Kong stocks | Hongteng Precision (06088.HK) rose by nearly 4%, Hon Hai spent 120 million US dollars to invest in Mexico, outsiders speculate to expand AI production capacity
Hongteng Precision (06088.HK) increased by nearly 4%, with a cumulative increase of over 160% since the beginning of February. As of press release, it rose 3.39% to HK$2.44, with a turnover of HK$63.7871 million.
Changes in Hong Kong stocks | Hongteng Precision (06088.HK) rose nearly 7%, Hon Hai spent US$120 million to invest or expand AI server production capacity in Mexico
Hongteng Precision (06088.HK) has risen by nearly 7%, and has increased 1.5 times since the beginning of February. As of press release, it rose 5.02% to HK$2.3, with a turnover of HK$306.319 million.
Read it in one picture | The list of Hong Kong stock bulls and bears for March has been released! The “first humanoid robot stock” Premium Choice surged 131%, and Hongteng Precision's stock price nearly doubled
In March, the three major indices of Hong Kong stocks showed a volatile trend. As of yesterday's close, the Hang Seng Index had a cumulative increase of 0.18% throughout the month to close at 16541.42 points; the Hang Seng Technology Index had a cumulative increase of 1.35% to close at 3477.55 points; the State-owned Enterprises Index had the biggest increase of 2.34%, closing at 5810.79 points.
Changes in Hong Kong stocks | Hongteng Precision (06088) rose more than 6% in early trading, institutions say copper cable connection products will become one of the company's future growth drivers
The Zhitong Finance App learned that Hongteng Precision (06088) rose more than 6% in early trading. As of press release, it had risen 6.19% to HK$2.06, with a turnover of HK$22.04 million. CMB International released a research report saying that in the latest generation Nvidia GB200 NVL72 cabinet design, more than 5,000 copper cables are included to achieve better cost and power savings. The bank believes that copper cable connection products for servers will become one of the future growth drivers for Hongteng Precision. According to the report, the company indicates that the future server connector product market TAM will reach 1.7 billion US dollars by 2025.
FIT HON TENG(6088.HK):NDR TAKEAWAYS:OPPORTUNITIES IN US$1.7BN SERVER CONNECTOR/CABLE MARKET; LIFT TP TO HK$2.42
Maintain BUY and raise TP to HK$2.42 to reflect stronger demand of next-gen high
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