On September 17, ZJ INNOLIGHT rose 4.05% in regular trading, trading at HK$1,179.0/share, with turnover of HK$233 million, extending recent upward momentum.

On the news front, Goldman Sachs recently visited 15 Chinese optical communication companies and significantly raised its demand forecasts for 800G-and-above optical modules, revising 2027 and 2028 estimates upward by 39% and 36% respectively, to 144 million and 171 million units. The report also indicated that 1.6T optical module pricing is expected to hold above US$700, with 800G product price declines limited to single digits in 2027. Goldman Sachs assigned ZJ INNOLIGHT a Buy rating.

Meanwhile, the company has maintained aggressive share buybacks, repurchasing approximately 108,500 A-shares on September 16 for roughly RMB 99.28 million, following a RMB 199 million buyback on September 15. Cumulative buyback spending over the past week has exceeded RMB 1.7 billion, signaling strong management confidence. Additionally, Morgan Stanley recently increased its H-share long position to 5.95%, while CMBI maintained a Buy rating with a target price of HK$1,400.

(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.)