HK Stock Market Move | Cig Shanghai (06166) rose more than 11% in the afternoon to hit a new high in trading, with the prospects of the optoelectronics module industry being widely optimistic.

Cig Shanghai (06166) rose more than 11% in the afternoon, reaching a high of 140.2 Hong Kong dollars, refreshing its new high. As of the time of writing, it rose 11.46%, to 140.1 Hong Kong dollars, with a trading volume of 1.22 billion Hong Kong dollars. On the news front, TrendForce recently predicted that the global AI-specific optical (transceiver) module market will reach $26 billion this year, with a year-on-year growth rate of 57.6%. In addition, data shows that five listed companies in the optical module sector have released their first quarter reports. Among them, Zhongji Innolight leads in performance growth, with a 192.12% year-on-year increase in operating income and a 262.28% increase in net profit attributable to shareholders; companies like Suzhou TFC Optical Communication and Henan Shijia Photons Technology have also achieved double-digit growth in revenue and net profit. Huaxin Securities previously pointed out that the company's optical module product layout is perfect, including models such as Retimed 1.6T2DR4/DR8, 1.6T2FR4, OSFPDR8, and Gearbox800GDR4, covering various types of LPO/LRO related machines, with a focus on silicon photonics technology. In 2026, the company expects 800G optical modules to remain the main focus of shipments, with a significant increase in shipments of 1.6T optical modules in the first quarter and a rising trend. With subsequent technological iterations, capacity release, and customer expansion, the company's performance is expected to continue to improve.