Changes in Hong Kong stocks | Some optical communication concept stocks are rising and judging that FCC restrictions are not a “one-size-fits-all” industry is expected to continue to benefit from the expansion of AI computing power

The Zhitong Finance App learned that some optical communication concept stocks were higher. As of press release, Haiguang Xinzheng (01191) rose 4.79% to HK$133.4; Cambridge Technology (06166) rose 4.24% to HK$115.5; Zhongji Xuchuang (03308) rose 3.58% to HK$1,100; and Changfei Optical Fiber Cable (06869) rose 3.21% to HK$173.5.

According to the news, US optical communication concept stocks surged overnight. Coherent rose 10.90%, and Lumentum rose 7.67%. Morgan Stanley released a research report on the telecommunications and network equipment industry on October 1. The core judgment is that the US FCC's restrictions on Chinese optical modules are most likely to be implemented in 3.2T intergenerational terms, but there is an “US content exemption” path. The overall pattern is beneficial to Lumentum and Coherent, rather than a complete ban on Chinese optical module manufacturers.

Zhongtai Securities recently stated that looking ahead, the optical communications industry is expected to continue to benefit from the triple drive of AI computing power expansion, speed upgrades, and network architecture evolution. 800G on the optical module side maintained a high boom, and 1.6T entered the large-scale release stage, and evolved into 3.2T and CPO/NPO; demand for 200G EML and high-power CW light sources on the optical chip side is expected to continue to increase; demand for optical fibers extends from traditional telecommunication networks to high-value scenarios such as AIDC, DCI, submarine optical cables, and CPO polarized optical fibers; optical devices are further expanded from traditional module support to CPO, OCS, and high-density connections.