HK Stock Market Move | Optical communication concept stocks rose, with CIG Shanghai (06166) up more than 6% and TIME INTERCON (01729) up more than 5%.

Concept stocks of optical communication are rising. As of the time of writing, Cig Shanghai (06166) rose 6.13% to 88.3 Hong Kong dollars; Hongteng Precision (06088) rose 5.74% to 4.97 Hong Kong dollars; TIME INTERCON (01729) rose 5.43% to 15.54 Hong Kong dollars; HUA HONG SEMI (01347) rose 4.33% to 97.6 Hong Kong dollars. On the news front, it was reported that on January 15, TSMC Chairman and CEO C.C. Wei and CFO Wendell Huang held a post-announcement conference call for the 2025 Q4 results. TSMC announced that its capital expenditure plan for 2026 will reach a maximum of 56 billion US dollars, a significant increase of 37% from the actual expenditure of 40.9 billion US dollars in 2025, reaching a historical high for the company. In addition, the management stated, "Capital expenditure will significantly increase in the next three years. Achieving a long-term gross margin of 56% or above is feasible." Guotou Securities research report stated that the demand for AI computing power is continuously expanding, and the prosperity of the optical module industry continues to rise, bringing opportunities to various segments of the industry chain. The report pointed out that the new round of AI computing construction drives the high-speed optical module demand to grow. It is expected that global cloud vendors' capital expenditure in 2026 will continue to rise, combined with the expansion of AI clusters, the mass production of new generation computing platforms, and the implementation of technology such as 1.6T/CPO, collectively forming the core DRIVE.