On September 11, ZJ INNOLIGHT rose 4.1% in regular trading, trading at HK$1,146.0/share with turnover of HK$503 million, rebounding sharply from the prior session's 4.43% decline.

The rally was driven by the company's aggressive buyback campaign and strong margin capital inflows. From September 8 to 10, the company repurchased A-shares on three consecutive trading days — 436,500 shares, 239,022 shares, and 666,195 shares respectively — spending a combined approximately RMB 1.209 billion, with buyback prices ranging from RMB 815 to RMB 918 per share. Additionally, on September 10, ZJ INNOLIGHT attracted RMB 18.4 billion in margin buying on its A-shares, ranking first across the entire A-share market, signaling strong leveraged capital confidence in the near-term outlook.

The buyback momentum comes alongside multiple international investment banks initiating coverage. Goldman Sachs recently issued a Buy rating on the H-shares with a HK$3,267 target price, while Citi initiated at Buy with a HK$1,524 target, both citing the company's leadership in silicon photonics modules and accelerating 1.6T production ramp. The company reported H1 revenue of RMB 41.778 billion, up 182.49% year-over-year, with net profit of RMB 13.651 billion, up 241.70%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)