On August 10, YOFC rose 3.79% at open, trading at HK$128.8, with turnover of HK$21.12 million. The rally was driven by a combination of a blockbuster half-year earnings forecast and sustained institutional accumulation.

On the earnings front, the company previously disclosed that it expects H1 net profit attributable to shareholders of approximately RMB 2.4 billion to RMB 3.0 billion, representing year-over-year growth of 711% to 914%. Non-GAAP net profit is projected at RMB 2.0 billion to RMB 2.6 billion, surging 1,349% to 1,784% year-over-year.

On the institutional side, BlackRock raised its long position in YOFC H-shares to 7.55%, while JPMorgan increased its stake to 6.02%. Southbound capital recorded three consecutive days of net purchases totaling HK$1.319 billion. Additionally, the company recently acquired the remaining 25% stake in YOFC Shanghai for EUR 12 million to achieve full ownership, strengthening its upstream-downstream integration.

Analysts note that as a global fiber optic cable leader, YOFC is well-positioned to benefit from the fiber upcycle and accelerating AI data center construction demand.

(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.)