If companies like 长鑫, 长江, and deepseek are still relying on latecomer advantages to follow the industry leaders, then 中际旭创, which got listed on the Hong Kong stock market today, is undoubtedly the global leader in optical modules. What’s more, it holds an 80% market share in the most advanced 1.6T products—an absolute monopoly in the top spot. This is one of the rare companies on the A-share market that could see its value multiply hundreds of times. But right now isn’t the right time to jump in. After the data center bubble bursts, this will be one of my top picks for heavy bottom-fishing.