Movement Alert|YOFC Rises 4.25% in Regular Trading, China Mobile Cable Procurement Price Cap Raised 8.5% Ahead of Interim Results Review

Market Focus
08/18

On August 18, YOFC rose 4.25% in regular trading, trading at 155.1 HKD/share, with turnover of 607 million HKD.

On the news front, China Mobile restarted its ordinary optical cable procurement tender with the maximum price cap raised 8.5% to approximately 7.1 billion yuan, further confirming the optical fiber and cable industry's upward cycle. Meanwhile, the company's board of directors has scheduled a meeting on August 21 to review interim results for the six months ended June 30. The company previously guided first-half net profit attributable to shareholders of approximately 2.4 to 3.0 billion RMB, representing year-over-year growth of 711% to 914%.

Additionally, recent failures of cross-industry fiber optic acquisition plans by other companies have reinforced a favorable competitive landscape for leading players. Daiwa recently initiated coverage with a Buy rating and a target price of 152 HKD, citing a projected optical interconnect gross profit CAGR of 137% and overseas gross profit CAGR of 109%. BlackRock's H-share stake has risen to 7.37%, signaling continued institutional accumulation.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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