On August 20, CIG rose 5.22% in regular trading, trading at 93.2 HKD/share, with turnover of HKD 352 million. The stock had fallen nearly 7% in the previous session, with its A-shares touching the daily limit down, creating oversold conditions that prompted a technical recovery.

On the news front, the company previously announced that its board of directors will convene on August 24 to review interim results for the six months ended June 30 and consider declaring an interim dividend. A half-year results briefing is also scheduled for August 25. According to the company's preliminary earnings guidance, first-half net profit attributable to shareholders is expected to reach RMB 3.10 billion to RMB 3.59 billion, representing year-over-year growth of 156.65% to 197.18%, primarily driven by robust demand for high-speed optical module products and product mix upgrades.

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