On October 9, XIZHI TECH-P declined 5.27% in regular trading, trading at HK$240.8, with turnover of HK$33.41 million. The stock was dragged down by overall weakness in Hong Kong's optical communication and semiconductor sectors.

The previous trading day saw Hong Kong optical communication stocks broadly lower, with XIZHI TECH-P closing down 8.58%. On the same day, the Hang Seng Tech Index fell 2.89% to a new low since October 2024, while semiconductor stocks were hit by Samsung Electronics' weaker-than-expected earnings, raising concerns about chip industry prospects. Optical communication names bore the brunt, with Hua Hong Grace and other constituents sliding alongside.

Shanghai XIZHI Technology Co., Ltd. is a China-based company principally engaged in optical interconnect and optical computing businesses.

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