On September 14, CIG fell 7.3% in regular trading, trading at 114.0 HKD/share, with turnover of HKD 152 million. The stock had surged over 19% in the prior week, and the current pullback appears linked to multiple converging factors.

On the news front, the company recently hosted over 90 institutional investors for research visits, during which it disclosed that while its 1.6T products have completed verification with three customers, the entire industry faces a DSP chip supply shortage that is constraining mass production timelines. Additionally, the ELSFP external light source product remains in a small-batch shipment phase. The 1.6T product had been expected to enter mass production in the second half of the year, but the chip bottleneck has cast uncertainty over the delivery schedule.

The broader communications equipment sector was also under pressure on the same day, with ZJ Innolight falling 5.98% and YOFC declining 3.22%, reflecting a widespread correction in optical communications stocks following recent strong gains driven by AI-related demand expectations.

(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.)