ZJ INNOLIGHT rose 7% in regular trading, trading at HK$1,231/share, extending a multi-day rebound.

On the news front, two Wall Street giants have doubled their positions in the company. Hong Kong Exchange data shows Goldman Sachs increased its stake by 3.2451 million shares on July 30, lifting its holding from 5.95% to 11.90%, while JPMorgan's long position surged from 5.6% to 13.72% on July 31. Goldman previously raised its A-share target price significantly from RMB 1,187 to RMB 2,581, projecting net profit growth of 65%, 108%, and 119% for the next three years respectively.

Additionally, earlier concerns over a reported U.S. FCC draft ban on Chinese optical module imports have continued to ease. The company confirmed the FCC has not issued any such restrictive document, and industry analysts noted the ban faces significant implementation challenges given capacity gaps, technology iteration cycles, and raw material dependencies.

(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.)