On September 24, LIGENT rose 5.54% in regular trading, trading at HK$37.88 per share, with turnover of HK$271 million. The stock, which debuted on September 22 at an IPO price of HK$32.96, has now gained approximately 14.9% from its offering price within three trading days.

On the news front, Everbright Securities maintained a Buy rating on LIGENT, citing AI computing power demand as a key driver for optical communication capacity expansion. The broker highlighted that the global optical transceiver market is projected to grow from RMB 162.4 billion in 2025 to RMB 707.6 billion by 2030, representing a CAGR of 34.2%, with the data center optical module segment growing at an even faster 40.5% CAGR. The company reported data center optical module revenue of RMB 3.745 billion in 2025, up 36.6% year-over-year, driven by AI and cloud computing demand. Its optical chip revenue surged 424.6% year-over-year. LIGENT ranks fifth globally and third in China among professional optical module manufacturers, and is among the few companies worldwide with both optical module and optical chip R&D and mass production capabilities.

LIGENT is a company principally engaged in the manufacture and sale of optical modules, optical chips, and optical network terminal products, with applications spanning AI, cloud computing, FTTx, transmission networks, and wireless applications.

(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.)