Yangtze Optical Fibre And Cable (HKG:6869, SHA:601869) completed the transfer of 6 million A shares under its employee share ownership plan to a designated account, according to a Thursday disclosure to the Hong Kong bourse.

Shares jumped 10% during late afternoon trading on Friday.

The 6 million shares, sold at 16.97 yuan apiece, represent 0.79% of the total share capital of the optical fibers and optical fiber preforms manufacturer.

Meanwhile, a supervisor subscribed for 1,146,069 units, equivalent to 67,535 A shares, at 16.97 yuan apiece, the filing said.