Ge Long Hui A P P·2025-09-12 02:01Core Viewpoint - The CPO concept stocks in the A-share market have collectively declined, with major players experiencing significant drops in their stock prices, indicating a potential market correction after months of substantial gains [1] Group 1: Market Performance - Tianfu Communication, Xinyi Sheng, and Shijia Photon have all dropped over 6%, while Changxin Bochuang and Zhongji Xuchuang have fallen over 5% [1] - The overall market sentiment has shifted, with many stocks in the optical module sector experiencing declines after a period of strong performance [1] Group 2: Analyst Insights - Morgan Stanley believes that the positive fundamentals of the optical module industry have already been reflected in stock prices, leading to rating adjustments for several key stocks [1] - The firm has downgraded Xinyi Sheng to "underweight," citing a potential slowdown in growth after a remarkable 338% year-on-year performance increase in Q2 2025 [1] - Morgan Stanley warns that despite the positive outlook for AI infrastructure demand, the current level of market enthusiasm may not be sustainable, suggesting investors take profits gradually [1]