A[Hong Kong’s Hang Seng Technology Index closed down 2.72%, with the optical communications and semiconductor sectors leading the decline] On October 15th, Hong Kong’s Hang Seng Technology Index closed down 1.03%, and the Hang Seng Technology Index fell 2.72%. Optical communications and semiconductor sectors were among the top decliners. YOFC Optical Fiber and Cable fell by more than 13%, Tianshu Smart Core fell by more than 13%, Biren Technology fell by more than 11%, Montage Technology fell by more than 11%, Haiguangxin fell by more than 8%, and Cambridge Technology It fell 8%, Huahong Grace fell nearly 8%, Zhongji InnoLight fell more than 7%, and SMIC fell nearly 4%; large model stocks fell, Zhipu fell more than 10%, MINIMAX fell more than 12%; Lenovo Group fell more than 14%. A[Nova Fusion completes 1.2 billion Pre-A series financing Setting three records for domestic private nuclear fusion financing scale, speed and valuation] On August 31, Nova Fusion Energy Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Nova Fusion") completed a total of 1.2 billion yuan in Pre-A series financing (including Pre-A and Pre-A+ rounds). So far, Nova Fusion has created 16 companies Within the month, it has completed three rounds of financing: 500 million yuan angel round, 700 million yuan angel + round, and 1.2 billion yuan Pre-A series. The cumulative financing scale has reached 2.4 billion yuan, and the post-investment valuation has exceeded 10 billion. It has refreshed the domestic private nuclear fusion track's three records of financing scale, speed and valuation. The company's valuation ranks first among domestic private nuclear fusion companies. In this Pre-A series of financing, Meituan Longzhu and Hillhouse Ventures continued to increase their investment, and Lenovo Ventures and Guozhong Capital entered the game as new strategic investors. "Nova One" has completed the engineering design and core component development and has fully entered the final assembly and integration stage. The team is sprinting towards the first plasma discharge at the end of 2026, with the goal of becoming the first private enterprise in China to achieve a fusion temperature of 100 million degrees Celsius. (Reporter Guo Songqiao)
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