Movement Alert|YOFC Rises 6.51% in Regular Trading, Fiber Optic Price Hike Logic Persists as Capital Returns After Prior Session Pullback

Market Focus
Jun 25

On June 25, YOFC (Yangtze Optical Fibre and Cable) rose 6.51% in regular trading, trading at HKD 274.8/share, with turnover of HKD 547 million. The rally was driven by the continuation of the global fiber optic supply shortage narrative and capital flowing back after the previous session's correction.

On the news front, Japanese fiber optic giant Fujikura previously announced a 30% price increase on data center interconnect (DCI) cable products and raised its full-year earnings guidance, reinforcing the global fiber supply crunch. As the world's top-ranked company in fiber optic preform, fiber, and cable market share for nine consecutive years, YOFC reported Q1 net profit growth exceeding 226% year-over-year with gross margin rising to 41.51%, fully capturing pricing tailwinds. The company issued an abnormal trading announcement on June 23 flagging product price uncertainty, which triggered a pullback in the prior session. Today's rebound reflects capital re-entering the stock following that short-term correction.

(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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