In the afternoon, Hong Kong stocks in the telecom infrastructure sector saw a rapid surge, with 匯聚科技 (Hui Ju Technology) increasing by over 13%, while 長飛光纖光纜 (YOFC) rose by more than 9%. Other notable performers include 亨鑫科技 (Heng Xin Technology) and 中興通訊 (ZTE), both gaining over 5%.

On October 17, China Telecom announced the public tender for its 2025-2026 primary trunk cable and joint box procurement project 01, with YOFC winning the bid with the largest share. This trunk cable tender involves approximately 2.24 million core kilometers of G.654.E optical fibers. This marks the first time China Telecom has used a framework for trunk cable bidding and is the third trunk cable procurement this year by a domestic operator. As the national "East Data West Calculation" initiative is fully implemented, the three major operators, represented by China Telecom, are further increasing their trunk network construction, leading to a surge in demand for G.654.E.