FIT HON TENG (06088) surged over 10% again, with the stock having accumulated gains of more than 70% this month. As of press time, the stock was up 10.54% to HK$4.72, with turnover reaching HK$640 million.

On the news front, FIT HON TENG recently released its interim results, reporting revenue of $2.305 billion for the first half, representing an 11.53% year-on-year increase. Profit attributable to owners was $31.511 million, down 3.11% year-on-year.

By business segment, smartphone business revenue declined 12.1%, while cloud network infrastructure business revenue increased 35.7%, computer and consumer electronics business revenue rose 14.3%, electric vehicle business revenue surged 102.3%, and system terminal products business revenue decreased 12.4%.

Everbright Securities noted that the company's data center business revenue growth was primarily driven by increased demand for servers and new platform cabinet connectors and cables. The firm believes the company is well-positioned to continue benefiting from growing demand for AI data centers and automotive cables, maintaining a "Buy" rating.