Optical communication stocks jumped in Hong Kong market. CIG, CREALIGHTS up over 10%; TIME INTERCON up 7%; HUA HONG GRACE, YOFC, CFMEE up over 5%.
The optical communications sector broadly stabilized and rebounded after two consecutive days of collective selloff on September 14 and 15, which had been triggered by three major AI giants — Anthropic, OpenAI, and SpaceX AI — jointly calling for a slowdown in AI development.
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