CIG (06166) Records HK$335 Million in Position Transfers, Representing 3.05% of Total Shares

Stock News
Yesterday

According to the latest data from the Stock Exchange of Hong Kong, a notable position shift was detected in CIG (06166) on September 10, with the total transfer value reaching HK$335 million, representing 3.05% of the company's shares. The shareholder transferred 1.0969 million shares into CMBI Securities, while 676,400 shares were moved out of HSBC (Hong Kong).

During an investor relations event held on September 4, Chairman Huang Gang provided updates on the company's research and product development pipeline. In the pluggable module segment, the 800G product line has completed certification with multiple major clients and has entered mass shipment phase. The 1.6T product is expected to begin mass production in the second half of this year, while the 3.2T product is progressing according to schedule.

Furthermore, the current unit price for 800G modules ranges between US$300 and US$380, with an average price of approximately US$350. The company anticipates that annual price reductions in the future will remain relatively moderate.

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