Hong Kong stock market movement | Optical communication concept stocks lead the decline. North American cloud providers enter earnings season, and the market continues to focus on cloud providers' capital expenditure.

Zhitong Finance APP has learned that optical communication concept stocks are among the top decliners. As of press time, Zhongji Innolight (03308.HK) fell 5.51% to HK$738; Yangtze Optical Fibre and Cable (06869.HK) fell 5.26% to HK$118.9; CIG Shanghai (06166.HK) fell 4.33% to HK$78.45; Time Interconnect Technology (01729) fell 4.10% to HK$12.62.