TIME INTERCON (01729) saw its shares climb nearly 9% during the trading session. At the time of writing, the stock was up 5.33%, trading at HK$15.80 with a turnover of HK$149 million.

The company previously issued an earnings profit alert, forecasting a net profit increase of 60% to 70% year-over-year for 2025. China Merchants Securities believes the revenue growth is primarily driven by increased sales orders in the data center and server segments within the wire assembly division, which boosted overall group revenue. The better-than-expected performance is mainly attributed to significant revenue growth in the server business fueled by domestic server demand from companies like Alibaba in 2025, coupled with the successful integration of Leoni in the second half of the year, which also contributed to profit enhancement.

The brokerage pointed out that TIME INTERCON is a key component of the Luxshare Precision system, optimally positioned in high-growth sectors such as MPO optical communication and AI servers within the data communication business, and is expected to achieve high-quality growth. Benefiting from the successful acquisition of Leoni's cable business, the automotive segment is poised to quickly ascend to become a top global automotive cable supplier. The medical equipment business represents a long-term, high-potential opportunity with substantial barriers to entry. By actively deploying in cutting-edge sectors and leveraging synergies from the Luxshare Precision system, the company's medium- to long-term growth prospects appear promising.