HK Stock Market Move | Optical communication concept stocks see significant gains; Coherent's quarterly revenue exceeds $2 billion, and its performance outlook is above market expectations.

Optical communication concept stocks have seen significant gains. As of press time, Zhongji Innolight (03308) is up 5.95%, trading at HKD 1,175; CREALIGHTS (01191) is up 4.28%, trading at HKD 97.5; TIME INTERCON (01729) is up 3.03%, trading at HKD 17; and Cig Shanghai (06616) is up 1.86%, trading at HKD 87.8. In news, optical communication giant Coherent Corp has released its fourth quarter financial report for the fiscal year ending June 30, 2026. The financial report shows that the explosive demand for optical interconnects in AI data centers has accelerated Coherent Corp's revenue growth and increased profit margins, with quarterly revenue reaching a historic high of USD 2.05 billion. Coherent expects first-quarter revenue to be between USD 2.2 billion and USD 2.4 billion, with adjusted earnings per share expected to be between USD 1.85 and USD 2.05, all of which exceed market expectations. Wanlian Securities points out that the global AI computing infrastructure construction is accelerating, driving the demand for optical interconnects both domestically and internationally, maintaining a high boom. The 800G is rapidly being rolled out, and the 1.6T is gradually entering the stage of large-scale deployment. The visibility of related orders continues to improve, and relevant manufacturers have entered the stage of performance realization. Domestic core companies, leveraging their technological, production capacity, and large-scale delivery advantages, are expected to fully benefit from this wave of global AI computing infrastructure construction. Attention is recommended for sub-segments of optical interconnects such as high-speed optical modules, switches, and optical devices.