On October 8, CREALIGHTS fell 5.37% in regular trading, trading at HK$123.4, with turnover of HK$53.0678 million.
The decline occurred despite no change in share capital or share options disclosed in the company's September monthly return, prompting technical profit-taking after strong recent gains. CREALIGHTS, which provides optical interconnect products including 1.6T optical modules for AI data centers, had rallied sharply since entering Stock Connect in early September, with its southbound holding rising to 4.19%. The stock's rapid appreciation in September, driven by 1.6T shipment expectations and inclusion in the Stock Connect program, has left it vulnerable to short-term valuation adjustments even as sector fundamentals remain supported by AI-driven demand and the FCC ruling not directly restricting major Chinese optical module makers.
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