On September 29, XIZHI TECH-P rose 5.45% in regular trading, trading at 292.6 HKD/share, with turnover of HKD 17.78 million. The stock had previously undergone consecutive pullbacks, dropping 6.81% in the prior session to 279 HKD, creating strong short-term oversold recovery momentum.

On the news front, Goldman Sachs comprehensively raised its procurement expectations for ultra-high-speed optical modules, increasing demand forecasts for 800G and above optical modules by 36%-39%. CICC also issued a research report indicating that optical module demand certainty has improved, with order schedules for some high-speed optical chip companies already extending into the year after next and beyond. The improved industry outlook has boosted overall market sentiment in the optical communications sector.

XIZHI TECH-P reported first-half revenue of RMB 79.78 million, a 284% year-over-year increase, with comprehensive gross margin climbing to 65.8%. The optical interconnect segment contributed RMB 60.70 million, driven primarily by larger-scale commercial deployment of Scale-up OCS. The company was included in the Hang Seng Composite Index in September and subsequently added to the Stock Connect program, opening access to mainland institutional capital.

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