On August 3, YOFC fell 3.15% in regular trading, trading at HKD 93.75/share, with turnover of HKD 315 million.

The decline comes as the stock accumulated a 62.05% loss in July, with multiple mutual funds heavily positioned in the stock experiencing maximum drawdowns exceeding 45% during the month. This has intensified market concerns over passive deleveraging and redemption-driven selling pressure. Southbound capital sold the stock for at least eight consecutive trading days through end-July, reflecting persistent institutional outflows.

While the company announced on July 30 its acquisition of the remaining 25% stake in YOFC Shanghai for EUR 12 million and raised its related-party transaction quota by RMB 650 million — moves that briefly lifted shares by over 15% on July 31 — the rebound proved short-lived. Supply-side headwinds remain dominant, as multiple domestic peers including Hengtong Optic-Electric, FiberHome, and others have launched fiber preform expansion plans. Analysts have warned that accelerating global capacity additions could eliminate the supply shortage, potentially capping earnings growth in the near term and pressuring valuation recovery.

(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.)