Understanding the Market | CIG fell nearly 10% in the morning, third-quarter report drags down the optical communication sector, company’s high-speed optical module business performs outstandingly

Cambridge Technology's stock price fell nearly 10% in the morning, reaching a low of HKD 80.2, with a transaction volume of HKD 147 million. Affected by the third-quarter report, the A-share optical communication sector has adjusted. Although the company's third-quarter revenue increased by 32.29% year-on-year and net profit grew by 92.92%, the market reaction was poor. The company's high-speed optical module business performed outstandingly, driven by the demand for global data center construction, resulting in a surge in orders