Movement Alert|YOFC Rises 3.56% in Regular Trading, Interim Results Review Imminent Amid Daiwa Buy Rating Boost

Market Focus
Aug 17

On August 17, YOFC rose 3.56% in regular trading, trading at 137.5 HKD/share, with turnover of HKD 362 million.

On the news front, the company's board 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 RMB 2.4 billion to 3.0 billion, representing year-over-year growth of 711% to 914%, with high-growth expectations continuing to build momentum ahead of the formal release.

Additionally, Daiwa recently initiated coverage with a Buy rating and a target price of HKD 152, projecting a gross profit CAGR of 137% for the optical interconnect business and 109% for overseas operations through 2028. BlackRock's H-share stake has risen further to 7.37%, signaling clear 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.)

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