On September 11, CREALIGHTS rose 5.93% in regular trading, trading at 169.6 HKD/share, with turnover of approximately HKD 87.26 million, extending a rally that has seen the stock gain over 50% since its inclusion in Stock Connect on September 7.
The move was driven by Goldman Sachs significantly raising its global optical module market forecast, projecting the market to reach approximately USD 67.7 billion, USD 131.4 billion, and USD 148.5 billion over the next three years, representing upgrades of 33% to 115% versus prior estimates. Additionally, the 27th China International Optoelectronic Expo, which opened on September 9, featured concentrated debuts of 1.6T optical modules and CPO/NPO advanced solutions, providing intensive industry catalysts.
On the company level, CREALIGHTS previously disclosed that orders are fully booked through the year, with 1.6T optical modules set to begin shipping to leading overseas clients in the second half. The company also recently announced a strategic partnership with GlobalFoundries to accelerate commercialization of next-generation AI silicon photonic interconnect technology, and has locked in approximately 10 million DSP chip procurement orders for delivery in the coming year.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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