On June 22, YOFC (Yangtze Optical Fibre and Cable) surged 12.21% in regular trading, trading at HKD 250.0/share, with turnover of HKD 1.836 billion.

The rally was driven by a broad recovery across the optical communications sector, with peers including Cambridge Technology up 5.83%, Trigiant Group up 6.1%, and Nanfang Communication up 5.88%, reflecting strong sector-wide momentum. Fundamentally, the company reported Q1 gross margin of 41.51%, up 13.67 percentage points year-over-year, while net profit attributable to shareholders surged 226.4% YoY. Its 100% optical preform self-sufficiency advantage enables full capture of fiber price increase benefits, delivering industry-leading earnings elasticity.

Institutions have noted that AI-driven fiber price increases are poised to become a long-term trend, as AI and hyperscale data centers generate surging demand for specialty fiber. The industry is undergoing a systemic valuation framework reconstruction as fiber transitions from commodity-grade products to high-value customized categories.

(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.)