On August 6, ZJ INNOLIGHT fell 4.21% in regular trading, trading at HK$1,080.0/share, with turnover of HK$156 million. The stock faced dual headwinds from institutional selling and ongoing geopolitical concerns.

According to the latest Hong Kong Stock Exchange disclosure, Morgan Stanley reduced its position in ZJ INNOLIGHT by approximately 604,500 shares on July 31 at HK$1,091.915 per share, involving approximately HK$660 million. Following the reduction, Morgan Stanley's stake dropped to 6.31%. Meanwhile, the previous trading day's US FCC rumor — regarding a proposed ban on imports of new Chinese optical module models for data centers — continued to weigh on sentiment. The company previously responded that since no such restriction has been formally issued, it would not comment for the time being.

On August 5, ZJ INNOLIGHT's A-share recorded a historic single-day turnover of RMB 67.5 billion with net institutional outflows of RMB 1.649 billion, reflecting significant selling pressure. Multiple brokerages have noted that a full ban remains unlikely given the global interdependence of the optical communications supply chain.

(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.)