On June 17, Lens Technology (06613.HK) rose 3.38% in regular trading, trading at HKD 28.88/share, with turnover of HKD 276 million. The stock extended its multi-day rally as multiple strategic catalysts continued to fuel bullish sentiment.

On the news front, the company announced on June 12 that its wholly-owned subsidiary Lens Optoelectronics completed the acquisition of a controlling stake in Tongsheng Optoelectronics, a leading domestic hollow-core optical fiber manufacturer. The deal formally positions Lens Technology in the AI computing optical transmission sector, integrating hollow-core fiber and optical sensing capabilities to build a full-chain offering spanning precision structural manufacturing and high-end optoelectronic components. Tongsheng Optoelectronics holds core patents in anti-resonant hollow-core fiber technology with 21 proprietary processes, serving hyperscale data centers and telecom operators.

Simultaneously, SpaceX's record-breaking IPO on Nasdaq at a USD 1.75 trillion valuation continues to boost the commercial aerospace sector. Lens Technology, as a core SpaceX supplier, benefits from heightened market attention on the space industry. Industry forecasts project the CPO market to exceed USD 39 billion by 2030, providing long-term growth visibility for the optical communication segment.

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