Zhi Tong Cai Jing·2025-09-22 01:44Core Viewpoint - Changfei Fiber Optics experienced a significant drop in stock price following major shareholder DrakaComteq B.V.'s reduction of its stake in the company, raising concerns about market confidence and future performance [1] Group 1: Stock Performance - Changfei Fiber Optics' stock fell over 11% in early trading, and as of the report, it was down 4.71% at HKD 58.7, with a trading volume of HKD 732 million [1] Group 2: Shareholder Activity - DrakaComteq B.V. reduced its holdings by 37.5953 million H-shares on September 4, decreasing its ownership from 10.00% to 5.00% of the total share capital [1] - On September 19, DrakaComteq B.V. further sold an additional 5% of H-shares, resulting in no remaining holdings in the company [1] Group 3: Market Insights - The company noted increased market interest in fiber optic products related to data centers, particularly hollow-core fibers, which currently represent a small portion of global demand [1] - Hollow-core fiber technology is still in its early application stage, lacking scale sales, stable pricing, and profit levels, indicating that future business development depends on the maturity of the industry chain [1] - The hollow-core fiber business has not yet had a significant impact on the company's financial data [1]