HK Stock Market Move | CONANT OPTICAL (02276) rose by over 5%, AI glasses welcomed new catalyst, institutions said the company actively positioned with first mover advantage.

CONANT OPTICAL (02276) rose more than 5%, up 5.32% to HK$44.34 with a turnover of HK$61.39 million. On the news front, according to the Science and Technology Daily, tech journalist Mark Gulman said that Meta is preparing to launch its first smart glasses equipped with a display screen, codenamed Hypernova. The AI glasses will be officially released next month. During the product development process, Meta had originally planned to price Hypernova at least $1000, but the latest news is that Meta will lower the starting price to around $800. Finances Securities believes that benefiting from the continued popularity of the AI smart glasses market and strong sales growth, coupled with the release and listing of new AI+AR glasses products by tech giants such as Alibaba, Google, Meta in the second half of this year, will provide core incremental driving force for annual sales of AI smart glasses exceeding expectations. Shenwan Hongyuan Group recently pointed out in its research report that CONANT OPTICAL is a leading lens manufacturing company with a complete SKU matrix, stable upstream and downstream cooperation relationships, and obvious supply chain advantages. In recent years, the company has actively focused on the domestic market and its own brand to create new growth drivers. The increase in the proportion of differentiated products has driven continuous improvement in profitability. Smart glasses are flourishing, and the company is actively laying out with a first-mover advantage. Gol has continuously subscribed to and acquired the company's equity, demonstrating industry recognition of the supply chain, and is expected to empower the company's related business development and open up future growth opportunities.