Changes in Hong Kong stocks | Zhongji Xuchuang (03308) rose more than 6% in the afternoon, and “Little Essay” on optical modules disrupted the company's plan to make a big deal to buy back A shares

The Zhitong Finance App learned that Zhongji Xuchuang (03308) rose more than 6% in the afternoon. As of press release, it had risen 4.37% to HK$1,074, with a turnover of HK$1,548 billion.

According to the news, Zhongji Xuchuang announced last night that it plans to use its own funds or self-raised funds to repurchase the company's A shares. The total capital is set at 4 to 8 billion yuan, and the maximum repurchase price is as high as 1,200 yuan/share. Notably, according to reports, an “unconfirmed” screenshot circulating on social platforms today claims that the White House is considering exempting the FCC from restrictions on 800G/1.6T high-speed optical modules made in China. But then some bloggers made it clear that the rumor was fake news posted by someone else falsifying their identity.