Movement Alert|YOFC Rises 3.16% in Regular Trading, Hollow-Core Fiber Technology Breakthrough Bolsters Optical Communications Rebound

Market Focus
Sep 17

On September 17, YOFC rose 3.16% in regular trading, trading at HKD 182.4/share, with turnover of HKD 962 million. The optical communications sector extended its rebound after two consecutive sessions of pullback, with sector peers CIG up 2.97%, ZJ INNOLIGHT up 1.67%, and FS.COM up 1.76%.

On the news front, the company recently announced at the China Computing Power Conference that its anti-resonant hollow-core fiber achieved attenuation of 0.032dB/km, setting a new global record for the lowest transmission loss. Analysts noted that the optical communications industry is expected to continue benefiting from the triple drivers of AI computing power expansion, speed upgrades, and network architecture evolution, with the sector remaining in an upward cycle. Separately, southbound capital has been a consistent net buyer in recent sessions, reflecting an actively supportive institutional stance. The company reported first-half net profit attributable to shareholders of approximately RMB 2.925 billion, a year-over-year increase of 889%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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