On July 27, YOFC declined 4.05% in regular trading, trading at 116.5 HKD/share, with turnover of HKD 278 million. The current share price has halved from its June high, extending the downtrend.

On the news front, the optical fiber industry is experiencing a massive capacity expansion wave that continues to pressure market sentiment. Multiple companies including Hengtong Optic-Electric, FiberHome, and others have launched optical fiber preform and specialty fiber expansion plans. CLSA previously downgraded YOFC from Buy to Hold, noting that global capacity is expected to expand by 69% through 2028, with increased supply gradually eliminating the current shortage. The firm flagged risks of market share loss and indicated that earnings in the near two years may represent a cyclical peak. Additionally, southbound capital has maintained continuous net selling in recent sessions, with profit-taking at elevated levels sustaining short-term selling pressure.

(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.)