On August 13, CIG rose 5.28% in regular trading, trading at HK$91.05/share, with turnover of HK$351 million.

On the news front, concerns over a proposed US FCC ban on importing Chinese optical transceiver modules have largely dissipated. Multiple institutions have pointed out that Chinese manufacturers account for over 70% of global high-speed optical module capacity, making the ban extremely difficult to implement in practice. Meanwhile, the company's controlling shareholder CIG Cayman and concert party completed their planned reduction of 3.9383 million shares on August 6, fully removing the overhang that had weighed on sentiment.

Additionally, the company announced a board meeting scheduled for August 24 to review interim results for the six months ending June 30 and consider an interim dividend proposal, boosting market confidence on both earnings and distribution expectations. The broader optical communication sector continued to recover, with peer ZJ Innolight rising 5.95% and YOFC gaining 4.26%, further lifting sector sentiment.

(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.)