Optical Chip Sector Plunges; Three Listed Companies Respond: No News of Price Cuts Received

On the morning of October 8, the A-share optical chip concept sector weakened with oscillations, and many individual stocks fell sharply. In terms of market sentiment, rumors had previously circulated about price cuts for optical chips, claiming that current optical chip prices are under pressure and that 1.6T supporting optical chips face downward price pressure. Changguang Huaxin stated that the company has not received any news regarding price cuts for optical chips; regarding the cause of the sharp stock price decline, the company also made no related speculation. Yongding Shares similarly stated that it has not learned of the relevant situation and will not speculate on the cause of the stock price anomaly. Shijia Photonics stated that the company has not received any news about price cuts for optical chips, but believes that this round of sector adjustment may stem from a research report on US Federal Communications Commission (FCC) policy released by Morgan Stanley on October 1.