Eoptolink Technology Inc., Ltd. Class A 300502
SZSE · China · Producer Manufacturing
CNY 389.00-3.91 (-1.00%)
Market closed· · CNY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · CNY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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Investing.com -- Chinese telecom equipment stocks fell sharply on Monday after U.S. lawmakers proposed new measures that could broaden restrictions on Chinese-made communications technology used in sensitive U.S. systems.
Chinese shares touched a one-year low, led by a selloff in technology firms after a report that authorities may allow purchases of Nvidia Corp.’s new chips and proposed US sanctions on foreign optical producers.
Shares of Chinese optical module makers such as Zhongji Innolight slumped on Wednesday after a Reuters report that the Trump administration was drafting a ban on U.S. imports of new models of Chinese data centre components. Export-dependent optical module makers including Zhongji Innolight, Eoptolink Technology and Suzhou TFC Optical Communications fell sharply. The U.S. government is working on a measure on national security grounds to bar imports of new Chinese optical transceivers, which allow data to travel over fibre-optic cables at the speed of light within data centres, Reuters rep
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