On October 12, LIGENT fell 5.15% in regular trading, trading at 29.82 Hong Kong dollars, with turnover of 32.70 million Hong Kong dollars.
The decline was driven by continued market concern over a rumored 3.2T optical module BOM local content constraint in North America, which has pressured sentiment across the optical communication sector and weighed on risk appetite for domestic optical chip and module names.
Market discussions have centered on a possible FCC framework requiring a minimum share of US-sourced value in future 3.2T modules, with Morgan Stanley reports suggesting a 65% BOM threshold as a potential exemption path. Multiple brokerages have emphasized that the figure remains a scenario analysis rather than a formal rule, with no official confirmation from the FCC and no evidence that 3.2T large-scale deployment would occur before 2028. Nonetheless, the uncertainty has triggered sector-wide de-rating and accelerated positioning adjustments.
LIGENT is a core optical communication platform under Hisense Group, with full-stack capabilities in AI interconnect optical chips and high-speed optical modules. The company possesses scarce advantages including North America local manufacturing and self-supply of optical chips. Its products are applied in AI, cloud computing, FTTx, transmission networks and wireless applications, serving both domestic and overseas markets.
(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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