On October 8, CIG rose 5.42% in regular trading, trading at HK$120.9, with Turnover of HK$421 million. The stock gained after the company announced a substantial fundraising plan aimed at expanding high-speed optical module capacity.

The company entered into a placing agreement to sell 18.446 million new H shares at HK$105.16 each, an 8% discount to the previous close. Concurrently, it plans to issue RMB 3.96 billion in convertible bonds with an initial conversion price of HK$128.82, representing a 12.70% premium. Total net proceeds are expected to be approximately HK$6.536 billion, earmarked for optical module production expansion.

Market attention remains focused on AI-driven optical communication demand. CIG has confirmed that its 800G products are already shipping in volume, while 1.6T modules are expected to enter mass production in the second half of the year, supporting the strategic capacity build-out.

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