Movement Alert|YOFC Rises 3.89% in Regular Trading, Optical Communications Sector Gains Momentum Amid Institutional Positioning

Market Focus
12 hours ago

On October 7, YOFC rose 3.89% in regular trading, trading at 185.8 HKD/share, with Turnover of 1.23 billion HKD.

The rise came as the broader optical communications sector strengthened, supported by expectations of accelerating demand from AI data centers and technology upgrades. Sector peers such as Comba Telecom and Cambridge Technology also advanced notably, reflecting improved investor sentiment toward the optical networking supply chain.

Recent institutional activity has been mixed. BlackRock adjusted its long position multiple times over the past week, reducing its holding on October 1 to 5.97% after briefly increasing it to 6.18% on September 30. Separately, E Fund Management also reduced its stake below the 5% disclosure threshold on September 28. Analysts, however, remain constructive, with one major bank upgrading YOFC to a buy rating and setting a target price of 259 HKD, citing improved earnings visibility and rising demand from AI infrastructure.

(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.)

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