Shanghai Conant Optical at three-week high on supply deal with smart-glasses firm

Shanghai Conant Optical

23/04/2026 03:50

** Shares of Shanghai Conant Optical 2276.HK rise 6% to HK$52.25, their highest level since March 31

** Stock posts its biggest intraday pct gain since April 10

** The China-based resin spectacle lens maker and distributor says it has signed a memorandum of understanding with a global smart-glasses company for a multi-year mass production partnership

** Company says it has established first-mover advantage in the field of optical solutions for smart glasses and it anticipates sales volume and revenue from its extended reality (XR) business to achieve significant growth from 2026 onwards

** YTD, stock down 6.5%, benchmark Hang Seng Index .HSI up 1.2%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))