Japan 10-year government bond yield rose 1.5 bps to 2.855%, its highest level since October 1996.

51job 2026 Campus Recruitment White Paper: 65.3% of companies used AI tools in 2025 campus recruiting, a 12.7pp increase from 2024. AI-assisted interviews (33.1%) and automated resume screening (31.8%) were the most common applications. 73.5% of firms said AI resume screening significantly shortens initial screening time; 71.2% reported recruitment chatbots materially improve candidate response efficiency. Pharmaceutical/medical firms recorded the highest recognition of screening time savings at 93.8%.

Xin Feiguang’s optical-module plants are operating at full capacity. Guangming factory monthly output is about 100,000 800G modules and 40,000 1.6T modules; the North America plant produces roughly 10,000 1.6T modules per month. The company has won a major North American customer and plans further capacity expansion, targeting about 40 billion yuan in annual revenue within roughly three years. Founded by OFILM founder Cai Rongjun, Xin Feiguang is in a critical mass-production phase, seeking OFILM’s mass-production expertise and may pursue capital-level cooperation with OFILM to secure support.