The Zhitong Finance App learned that optical communications stocks were rising against the market this morning. As of press release, Cambridge Technology (06166) rose 11.95% to HK$61.85; Haiguang Xinzheng (01191) rose 7.45% to HK$77.85; Zhongji Xuchuang (03308) rose 4.63% to HK$621.5; and Changfei Optical Fiber Cable (06869) rose 3.73% to HK$93.05.
According to the news, according to reports, three people familiar with the matter revealed that Microsoft has been pressuring the Trump administration to abandon plans to ban the import of a key component used in artificial intelligence (AI) data centers from China. Two sources said Microsoft was one of several companies that met with officials from the White House Office of Science and Technology Policy and the National Security Council in September, and pointed out the supply chain challenges such bans could bring. According to media reports in August of this year, the Trump administration plans to ban the import of new types of optical transceivers from China. This type of device allows data to be transmitted at the speed of light through fiber optic cables within the data center.
Galaxy Securities recently pointed out that demand for computing power infrastructure continued to be released, and the boom in optical modules and optical devices continued in the first three quarters of 2026: Zhongji Xuchuang benefited from high-end optical module emissions, the highest year-on-year revenue and profit growth rate, and Q3 continued to grow month-on-month, and order visibility covered 2027; Xinyisheng maintained a high year-on-year increase, and Q3 was affected by delivery delays, exchange losses, and material constraints. There was a decline in month-on-month; Tianfu Communications's gross margin and net interest rate increased significantly, and CPO supporting products entered batch delivery, and the quality of CPO supporting products entered batch delivery.