Changes in Hong Kong stocks | Conet Optics (02276) rose more than 8% to a four-month high, Jiangsu base anchoring smart glasses track company's business continued to upgrade

The Zhitong Finance App learned that Connett Optics (02276) rose by more than 8%, reaching a new high of HK$47.64 since May this year. As of press release, it rose 8.29% to HK$47.56, with a turnover of HK$50.99,400.

According to the news, on September 12, Connett Optics held an unveiling ribbon-cutting ceremony at the Qidong production base in Jiangsu. It was officially announced at the ceremony that its wholly-owned subsidiary, the former Jiangsu Blueprint Glasses Co., Ltd. officially changed its name to Jiangsu Connett Intelligent Technology Co., Ltd., and simultaneously completed business changes and business positioning upgrades. In the future, it will also fully focus on the new smart glasses business. According to the company, the Jiangsu Qidong production base, as the company's largest core production base at present, is a key production capacity pillar supporting the global delivery of the Group's traditional optometry business.

Huaxin Securities believes that in 2026, H1 faced disturbances in the supply of raw materials for 1.74 refractive index lenses, but revenue still achieved 7.6% growth, which is a marked recovery compared to the 21.6% year-on-year growth rate of H in 2025. By business, revenue from custom lenses increased 37.5% year on year, revenue from functional lenses increased 11.9% year on year, and revenue from standardized lenses decreased 5.7% year on year. Private brand revenue increased 16.6% year over year. The share of private brand revenue increased from 62% in 2025H1 to 68% in 2026H1, and brand value and influence continued to increase.