On August 11, CIG rose 5.5% in regular trading, trading at HK$85.1/share, with turnover of HK$404 million.

On the news front, the previously circulated rumor that the U.S. FCC planned to ban imports of Chinese next-generation optical modules has been widely assessed by institutions and industry insiders as extremely difficult to implement, given that Chinese manufacturers account for over 70% of global high-speed optical module production capacity. Market panic sentiment has largely subsided. Concurrently, the share reduction plan by controlling shareholder CIG Cayman and its concert party totaling 3,938,300 shares reached its time-window expiry on August 6 and has been fully completed, removing the overhang pressure on the stock.

Additionally, after the stock declined over 5% in the prior trading session, short-term oversold conditions triggered a technical rebound. Sector peer ZJ Innolight gained 1.94% on the same day, reflecting a broader recovery in optical communications 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.)