On June 9, FIT Hon Teng fell 3.12% in regular trading, trading at HKD 7.79/share, with trading volume of HKD 131 million.

On the news front, the company's current dynamic price-to-earnings ratio stands at approximately 48x, far exceeding the electronic components industry average. The stock had surged over 10% on June 3 following reports that parent company Foxconn secured a major NVIDIA full-optical CPO switch cabinet order, with shipment targets raised from 10,000 to 50,000 units. However, the rally has since reversed over multiple consecutive sessions.

Notably, Board Chairman Lu Songqing sold 137,000 shares on June 3 at an average price of approximately HKD 10.05, totaling around HKD 1.38 million. Combined with the company's net profit margin yet to achieve a meaningful breakthrough and broader weakness across the electronic components sector, the market remains divided on whether earnings delivery can match the elevated valuation. These factors have sustained selling pressure from profit-takers, driving continued pullback from recent highs.

(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.)