NANFANG COMM Shares Soar Over 60%, Marking a Staggering 380% Year-to-Date Surge

Stock News
02/09

Shares of NANFANG COMM (01617) surged more than 60% today, bringing their cumulative gain for the year to over 380%. At the time of writing, the stock was up 60%, trading at HK$0.48 with a turnover of HK$47.53 million. Public information indicates that NANFANG COMM is a supplier of optical cables. In its interim report for 2025, the company stated that the group will continue to deepen cooperation with telecom operators to solidify its core market presence. It plans to closely follow operator construction plans in areas such as 5G, Gigabit optical networks, 800G/1.6T backbone networks, and data center interconnects (DCI), ensuring it maintains and strives to expand its market share in operator centralized procurement bids. Furthermore, the company will vigorously expand into non-operator and overseas markets, increasing investments in sectors like data centers, industrial internet, and enterprise private networks.

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