Movement Alert|CREALIGHTS Falls 6.28% in Regular Trading, FCC Rules and Optical Chip Price Concerns Weigh on Sector

Market Focus
Yesterday

On October 9, CREALIGHTS fell 6.28% in regular trading, reaching 106.0 Hong Kong dollars with a turnover of 14.6151 million Hong Kong dollars.

The decline came as the U.S. Federal Communications Commission's new rules took effect, while expectations of lower optical chip prices added pressure to the optical communications sector. The FCC rules are set to bring certain core electronic components of restricted enterprises under equipment authorization restrictions, raising concerns that domestic optical chips may face greater difficulty entering the North American high-end market. Meanwhile, industry sources indicated that optical chip prices could decline over the long term, further dampening risk appetite. Although CREALIGHTS has benefited from 1.6T optical module volume growth and increased southbound capital inflows, high short-term valuations combined with sector headwinds triggered a notable pullback.

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