Semight Instruments Plunges 6%, Falling Below the 1,000-Yuan Threshold; Kweichow Moutai Now the Only Thousand-Yuan Stock Left in A-Shares

Deep News10-27 18:20

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On October 27, the A-share market delivered a mixed performance, with the Shanghai Composite falling 1.33% and the Shenzhen Component dropping 2.50%. Semight Instruments Co.,Ltd. (688808.SH), a leading domestic optical communication testing instrument manufacturer, fluctuated downward and broke below the 1,000-yuan threshold. At the close, Semight Instruments fell 6% to 987 yuan per share, with a total market value of 149.9 billion yuan. The thousand-yuan stock tier has shrunk further, with Kweichow Moutai Co.,Ltd. (600519.SH) now the only stock in the Shanghai and Shenzhen markets trading above 1,000 yuan per share.

Closing data showed that Kweichow Moutai traded at 1,355.90 yuan, edging up 0.44%. Apart from Semight Instruments, Cambricon Technologies Corporation Limited (688256.SH) closed at 912.98 yuan, down 5.68%; Yuanjie Technology (688498.SH) closed at 833.58 yuan, hitting a 120-day low. Other high-priced STAR Market stocks such as Pincheng Laser (688826.SH) and NAURA Technology Group (002371.SZ) also weakened significantly in tandem, with Piotech Inc. (688072.SH) dropping 7.40% on the day.

Regarding financial performance, Semight Instruments' previously released earnings forecast for the first three quarters indicated an estimated net profit attributable to shareholders of 1.90 billion yuan to 2.10 billion yuan for the first three quarters of 2026, representing year-on-year growth of 1,866% to 2,073%. Driven by the rapid development of artificial intelligence technology and continuously rising global computing power demand, data center construction is accelerating, and market demand in the high-speed optical communication sector has maintained relatively rapid growth. This has spurred optical module and optical chip manufacturers to continuously expand production, further promoting sales growth of the company's communication testing instrument products and optoelectronic device testing equipment.

Kweichow Moutai reported total operating revenue of 92.278 billion yuan for the first half of the year, up 1.3% year-on-year, with net profit attributable to shareholders of 44.517 billion yuan. Among this, Moutai liquor revenue reached 77.724 billion yuan, up 2.82% year-on-year; revenue from the iMoutai platform surged to 40.264 billion yuan, a year-on-year increase of 274.18%. As of the end of June, the company's cash balance stood at 184.811 billion yuan, up 46.18% from the beginning of the year.

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