On June 8, Foxconn Interconnect Technology (FIT) fell 7.93% in regular trading, trading at HKD 8.04/share, with trading volume of HKD 125 million.

On the news front, the company's current dynamic P/E ratio stands at approximately 50.81x, far exceeding the electronic components industry average. The stock had previously rallied sharply after parent company Foxconn was reported to have secured a major NVIDIA full-optical CPO switch cabinet order, with shipment targets upgraded from 10,000 to 50,000 units. On June 3 alone, shares surged over 10%.

However, with net margins yet to achieve a meaningful breakthrough, the market remains divided over whether earnings delivery can justify the elevated valuation. Combined with broad weakness across the electronic components sector — Sunny Optical falling 5.55% and Lens Technology declining 3.87% — short-term profit-taking intensified, with selling pressure concentrated as the stock gave back prior gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)