TIME INTERCON's stock surged 5.73% intraday on Thursday, reflecting strong investor optimism.

The movement is attributed to several key factors. China's supportive policies for the technology industry, particularly in the digital economy and intelligent manufacturing sectors, are expected to provide a favorable development environment for the company. Furthermore, the company recently reported better-than-expected annual results, driven by robust growth in its data center and server businesses.

Market analysts highlight that the company's MPO and server segments are key beneficiaries of the high-growth AI computing infrastructure buildout. Additionally, the company's announced share placement plan, expected to raise net proceeds exceeding HK$1.63 billion for strategic investments and acquisitions, is viewed positively. The broader optical communication sector is also attracting heightened investor attention amid breakthroughs in optical computing chip technology, contributing to the positive sentiment.