On June 9, Yangtze Optical Fibre and Cable rose 3.5% in regular trading, trading at HK$246.2/share, with trading volume of HK$576 million.

On the news front, the stock rebounded after declining over 7% in the previous trading session. Two major index inclusions are approaching — the FTSE China 50 Index inclusion will take effect after market close on June 18, and the HKEX Tech 100 Index inclusion will take effect from June 15. As widely tracked benchmarks for global index funds, passive capital is expected to conduct mandatory buying around the effective dates, providing near-term support to fund flows.

Additionally, the fiber optic supply-demand tightness remains unchanged. Institutions note that optical preform capacity expansion lags behind fiber demand growth, while AI data center buildouts, overseas telecom recovery, and fiber-based drone applications continue to drive demand. The supply shortage is expected to persist, providing fundamental underpinning for the technical rebound from oversold levels.

(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.)