On September 9, XIZHI TECH-P rose 17.07% in regular trading, reaching HK$364.8 per share, with turnover of HK$525 million.
On the news front, the Shenzhen Stock Exchange announced that XIZHI TECH-P was officially added to the eligible securities list under Shenzhen-Hong Kong Stock Connect effective September 7, opening the gateway for mainland institutional capital. Analysts noted that the inclusion is expected to deliver a triple capital market boost: improved liquidity, valuation framework restructuring, and broader value discovery for what is considered a scarce AI optical interconnect target in the Hong Kong market.
The inclusion follows the company's strong first-half results disclosed on August 21, reporting revenue of RMB 79.779 million, up 284% year-over-year, with gross margin climbing to 65.8%. Its optical interconnect business generated RMB 60.7 million in revenue, surging 275% year-over-year, driven by accelerating commercial deployment of its Scale-up OCS solutions. The company is recognized as the only domestically listed independent Scale-up optical interconnect provider with large-scale commercialization.
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