Movement Alert|Lens Technology Rises 3.34% at Open, Hollow-Core Fiber Acquisition and SpaceX Supply Chain Tailwinds Continue

Market Focus
Jun 22

On June 22, Lens Technology (06613) rose 3.34% at open, trading at 31.16 HKD/share, with turnover of 7.93 million HKD, extending its recent strong rebound.

On the news front, multiple catalysts continue to resonate. The company's wholly-owned subsidiary Lens Optoelectronics recently completed the acquisition of controlling interest in Tongsheng Optoelectronics, a leading domestic hollow-core fiber manufacturer. This move formally positions Lens Technology in the AI computing optical transmission segment, integrating its precision structural manufacturing capabilities with high-end optoelectronic components across the full value chain. The optical communication sector has remained active in recent sessions.

Additionally, SpaceX's landmark Nasdaq listing at a 1.75 trillion USD valuation continues to boost sentiment. As a core supplier to SpaceX, Lens Technology benefits from sustained order expectations for Starlink ground terminal structural components. Haitong International noted that the acquisition complements Lens Technology's AI strategic layout, assigning a 30x PE valuation for its Hong Kong-listed shares for the current year.

(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.)

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