Changes in Hong Kong stocks | Optical Communications concept stocks had the highest gains. Coherent's quarterly revenue exceeded US$2 billion, and the performance outlook was higher than market expectations

The Zhitong Finance App learned that Optical Communications concept stocks had the highest gains. As of press release, Zhongji Xuchuang (03308) rose 5.95% to HK$1,175; Haiguang Xinzheng (01191) rose 4.28% to HK$97.5; Huiju Technology (01729) rose 3.03% to HK$17; and Cambridge Technology (06616) rose 1.86% to HK$87.8.

According to the news, optical communications giant Coherent Corp released financial results for the fourth quarter of the 2026 fiscal year ending the end of June. Financial reports show that demand for optical connectivity in AI data centers has exploded, driving Coherent Corp's revenue to accelerate and profit margins to rise, and the company's quarterly revenue reached a record high of US$2.05 billion. Coherent expects revenue of 2.2 billion to 2.4 billion US dollars for the first fiscal quarter, and expected adjusted earnings per share of 1.85 to 2.05 US dollars for the first fiscal quarter, all higher than market expectations.

Wanlian Securities pointed out that global AI computing power infrastructure construction continues to accelerate, driving domestic and foreign optical interconnection demand to maintain a high boom. 800G is accelerated and 1.6T is gradually entering the large-scale deployment stage. The visibility of related orders continues to increase, and related manufacturers have already entered the performance implementation stage. With the advantages of technology, production capacity and large-scale delivery, domestic core enterprises are expected to fully benefit from the current wave of global AI computing power infrastructure construction. It is recommended to focus on optical interconnection segments such as high-speed optical modules, switches, and optical devices.