On July 28, FIT HON TENG fell 5.27% in regular trading, trading at 5.22 HKD/share, with turnover of approximately 15.08 million HKD.

The decline follows a sharp sell-off in US semiconductor and optical communication stocks last Friday, where the Philadelphia Semiconductor Index plunged 5%, with optical communication names Coherent dropping over 9% and Lumentum falling over 8%. Market data indicated systematic institutional exit from AI hardware positions, with long-only funds reducing exposure amid concerns over AI capital expenditure sustainability and optical module demand growth deceleration.

Within the Electronic Components sector, the overall sector weakened broadly. Among individual stocks, KB LAMINATES down 10.3%, KINGBOARD HLDG down 7.25%, VGT down 5.88%, SUNNY OPTICAL flat, LENS down 0.63%. FIT HON TENG, which derives growth from AI connectivity solutions including high-speed optical modules and MPO connectors, is particularly sensitive to optical communication sentiment shifts.

(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.)