On August 3, ZJ INNOLIGHT rose 3.4% in regular trading, trading at HK$1,062.0/share, with turnover of HK$421 million. The stock continued its upward trajectory following a surge of over 15% on its second day of Hong Kong listing, as the broader AI hardware sector sustained rebound momentum.

On the news front, multiple positive catalysts are underpinning the rally. Margin trading data shows ZJ INNOLIGHT's A-shares have received over RMB 60 billion in consecutive daily margin purchases, ranking first across the entire market. The company recently held an investor call to refute rumors of significant 1.6T optical module price cuts, confirming that nearly all customers have placed firm orders through next year, with some key clients already providing specific demand guidance for new products in the year after. Additionally, the chairman proposed a share buyback plan of RMB 4 billion to RMB 8 billion, reinforcing market confidence alongside robust order visibility and strong capital inflows.

(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.)