On August 21, CIG rose 6.62% in regular trading, trading at 100.8 HKD/share, with turnover of HKD 260 million. The optical communications sector collectively strengthened, with peers YOFC gaining 4.82% and ZJ Innolight rising 2.91%, as expectations of an expanding InP supply gap drove sector-wide valuation recovery.
On the news front, the company's board of directors is scheduled to convene on August 24 to review interim results for the six months ended June 30 and to consider the declaration of an interim dividend. A half-year results briefing will follow on August 25. The company previously guided H1 net profit attributable to shareholders of RMB 310 million to RMB 359 million, representing year-over-year growth of 156.65% to 197.18%, primarily driven by robust demand for high-speed optical modules and product structure upgrades.
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