On June 30, XiZhi Tech-P rose 6.09% in regular trading, reaching HKD 417.8 per share, with turnover of approximately HKD 52.66 million. The stock benefited from a confluence of positive developments across the optical communication sector.

On the news front, Corning officially unveiled its Glass Bridge optical interconnect component targeting co-packaged optics (CPO) and glass-substrate semiconductor packaging, while also being added to key Russell growth indices including the Russell 3000 Growth Index, which drove its shares up over 15%. Meanwhile, China Mobile opened bids for its G.654 optical cable procurement project with a scale of 649,400 core-kilometers, at an implied unit price of RMB 310.74 per core-kilometer — up 64.71% year-over-year — signaling robust demand for premium optical cable products. Additionally, Elon Musk received U.S. FTC approval to acquire Mesh Optical Technologies, a data center optical communication startup, underscoring accelerating capital flows into the optical interconnect space. Sector peers rallied broadly, with Hailight Core up over 20% and YOFC up over 4%.

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