Cambridge Technology (06166) transferred 676,400 shares from the Hong Kong and Shanghai HSBC Bank with a total market value of HK$335 million, accounting for 3.05%

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, Cambridge Technology (06166) changed positions on September 10, with a total transfer market value of HK$335 million, accounting for 3.05%. The company's shareholders transferred 1.096,900 shares to CMB International Securities and 676,400 shares from Hong Kong and Shanghai HSBC.

Cambridge Technology announced that an investor relations event was held on September 4. Chairman Huang Gang revealed that in terms of product development and planning, in terms of pluggable modules, 800G has been certified by many major customers and shipped in batches. The 1.6T is expected to be mass-produced in the second half of this year, and the 3.2T product is progressing according to the plan. Furthermore, the current 800G unit price range is 300 to 380 US dollars, with an average of about 350 US dollars. The annual price drop is not expected to be significant in the future.