Core Viewpoint - Hongteng Precision (06088) has seen a stock price increase of over 4%, reaching HKD 5.46, with a trading volume of HKD 1.85 billion, driven by strong performance in AI server business and positive market outlook from Morgan Stanley [1] Financial Performance - Hon Hai's revenue for October reached HKD 895.7 billion, surpassing September's HKD 837 billion and last year's HKD 804.8 billion, marking a month-on-month increase of 7.01% and a year-on-year increase of 11.29% (15.4% in USD terms) [1] Market Position and Outlook - Morgan Stanley's recent report highlights Hongteng's favorable positioning within the Hon Hai Group, expecting it to benefit from the AI component trend; they initiated a "outperform" rating for Hongteng with a target price of HKD 8, implying a price-to-earnings ratio of 22x and 17x for the fiscal years 2026 and 2027 respectively [1] - The firm anticipates significant growth in Hongteng's AI revenue over the next 2 to 3 years, suggesting that this positive development is not yet fully reflected in the current stock price, positioning Hongteng as a key player in AI infrastructure [1]
鸿腾精密涨超4% 鸿海10月营收创单月最高纪录 大摩看好公司未来AI收入增长