On September 14, CREALIGHTS (01191.HK) fell 5.51% in regular trading, trading at 139.5 HKD/share, with turnover of approximately 34.3 million HKD.
The Electronic Components sector where CREALIGHTS belongs was broadly weak. Among individual stocks, KB Laminates fell 5.68%, Kingboard Holdings fell 2.94%, VGT fell 4.0%, Sunny Optical fell 1.16%, while CCTC edged up 0.64%.
The pullback comes after a dramatic rally in the prior week. CREALIGHTS surged nearly 70% following its formal inclusion in the Stock Connect eligible securities list on September 7, which unlocked southbound capital access for mainland investors. The rally was further fueled by Goldman Sachs raising its global optical module market forecast by 33% to 115%, the company's partnership with GlobalFoundries on 6.4T NPO products, and the FCC's final rule landing without placing major Chinese optical module firms on restriction lists. The company had guided that high-speed optical module orders are fully booked through the entirety of next year, with 1.6T modules set to ship to overseas clients in the second half.
(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.)