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China’s optical suppliers extend sell-off as fears of slower AI growth trump upbeat earnings

China’s optical suppliers extend sell-off as fears of slower AI growth trump upbeat earnings
South China Morning Post Friday 30 October 2026, 04:27 UTC By Howard Liu 1 min read
Key Points

Shares of major Chinese optical communications suppliers slumped on Friday before clawing back some of their losses, extending a two-day sell-off despite upbeat third-quarter earnings driven by the global artificial intelligence infrastructure boom. During morning trading in Shenzhen, Chengdu-based Eoptolink Technology dropped as much as 15 per cent, while Suzhou TFC Communication slid 10.3 per cent and industry leader Zhongji Innolight fell over 7 per cent. By the midday break, the trio had...

Shares of major Chinese optical communications suppliers slumped on Friday before clawing back some of their losses, extending a two-day sell-off despite upbeat third-quarter earnings driven by the global artificial intelligence infrastructure boom. During morning trading in Shenzhen, Chengdu-based Eoptolink Technology dropped as much as 15 per cent, while Suzhou TFC Communication slid 10.3 per cent and industry leader Zhongji Innolight fell over 7 per cent. By the midday break, the trio had... [Image text:] ZHONGJI INNOLIGHT
China (LOCATION) Chinese (ORG) Shenzhen (LOCATION) Chengdu (LOCATION) Eoptolink Technology (ORG) Suzhou TFC Communication (ORG) Zhongji Innolight (PERSON)
Originally published by South China Morning Post Read original →

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