Changes in Hong Kong stocks | Zhongji Xuchuang (03308) fell more than 6% in the afternoon, interbank AAOI 800G revenue increased, 1.6T products are about to complete customer certification

The Zhitong Finance App learned that Zhongji Xuchuang (03308) once rose more than 7% in early trading and quickly fell in the afternoon. As of press release, it had fallen 3.65% to HK$1,109, with a turnover of HK$2,133 billion.

On the news, Applied Optoelectronics (AAOI.US) management said during the performance conference call that demand for AI infrastructure is still strong. Customer demand is about 20% to 40% higher than AAOI's current supply capacity. The company's short-term growth limit is mainly determined by production capacity and supply of key materials. The company expects 800G revenue to grow nearly fivefold in the third quarter. The first 1.6T product will complete customer certification in the next few weeks and begin shipping in the late third quarter. Capital expenditure intensity in the second half of the year is expected to be higher than in the first half.

It is worth noting that recently, rumors of a ban on optical modules in the US have stirred up the optical communications sector. According to reports, AAOI, as an enterprise that directly makes high-speed digital optical modules, is the most direct replacement target. The relevant person in charge of Zhongji Xuchuang Securities affairs said that the company has taken note of the relevant market information. After verification, the FCC has not issued any restrictive documents in the relevant fields. Regarding the impact of the ban after it was introduced, the relevant person in charge said that since it has not been introduced, there will be no comment for the time being.