On September 30, CREALIGHTS fell 5.21% in regular trading, trading at 129.2 HKD/share, with turnover of 133 million HKD, extending its recent correction trend.

On the news front, Guosheng Securities initiated coverage of CREALIGHTS on September 29 with a Buy rating and a target price of 220 HKD, projecting revenue of approximately 2.10/10.17/14.91 billion yuan for the period from this year through two years ahead. The broker highlighted the company's high-speed optical module ramp-up and strategic positioning in the NPO/CPO segment as key growth drivers expected to create a synergy between revenue growth and gross margin improvement. Despite this bullish initiation, the stock failed to stabilize and continued its decline for a second consecutive session.

The pullback comes after a sharp rally following CREALIGHTS' inclusion in the Stock Connect program on September 7, which at one point drove the stock up over 60%. The company's order book is reportedly filled through the end of next year, with 1.6T optical modules beginning shipments to overseas AI computing clients in the second half. Southbound capital holdings have risen to 4.19% of outstanding shares.

(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.)