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Changes in Hong Kong stocks | Connett Optics (02276) rose more than 4% in the intraday period. End-side AI welcomed intensive catalytic mechanisms, optimistic about the company's XR industry card position advantage
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The Zhitong Finance App learned that Connett Optics (02276) rose more than 4% in the intraday period. As of press release, it had risen 3.70% to HK$39.80, with a turnover of HK$63.924 million.

According to the news, recently, end-side AI is facing intensive catalysis. The latest news shows that Byte Pico's new machine Space Pro is scheduled to be released on December 2 (Wednesday), but no further details have been disclosed. It is worth mentioning that smart glasses have recently been heavily released and are expected to move from proof of concept to large-scale growth. Currently, many manufacturers such as Apple, Meta, Byte, and OpenAI continue to promote AI glasses and AI native devices.

China Merchants Securities is optimistic that the valuation of the Connett Optics XR smart glasses card will move upward. The company is the exclusive lens supplier for Alibaba Qianwen AI glasses, supporting leading domestic and foreign brands such as Rokid and Meta; Goertek shares held 19.3% of the shares and became the second shareholder to jointly establish XR industry collaboration; Thailand and Jiangsu built new dedicated XR production lines to achieve mass production of optical waveguide laminated lenses and enter the leading consumer electronics supply chain.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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