Japan 10-year government bond yield rose 1.5 bps to 2.89%.

A股开盘，上证指数开跌0.06%，深证成指开涨0.17%，创业板指开涨0.13%；有色金属概念股涨幅居前。

Major customers have provided 2027 guidance and orders; demand for 1.6T and 800G is expected to remain rapidly higher than in 2026. New products — 2.4T, NPO and XPO — are being developed for scale-out and scale-up applications; company is sampling to large-customer specs with target mass production in H2 2027 and larger-scale shipments in 2028. Management is expanding capacity and preparing core inputs (optical chips, electronic chips and PCBs) to support a 2027 volume ramp.