On June 24, Cambridge Technology rose 3.81% in regular trading, trading at 153.5 HKD/share, with turnover of 104 million HKD.

On the news front, the stock is extending an oversold technical recovery after a 4.37% pullback in the prior session. The previous decline was triggered by profit-taking following a sharp surge where the A-share hit the daily limit up and the H-share rallied 18% on June 22. The optical communication sector is warming back up, providing tailwind support.

Additionally, the company recently completed the registration of approximately 4 million stock options granted to 1,055 core employees under its incentive plan, with an exercise price of 113.71 CNY per share. The incentive scheme binds key talent and sets clear performance assessment targets, further bolstering market confidence. The company reported Q1 net profit attributable to shareholders surging 276.44% year-over-year, supported by robust demand for 800G and 1.6T high-speed optical modules driven by AI computing power iteration.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)