On July 9, Yangtze Optical Fibre and Cable (YOFC, 06869.HK) rose 5.4% in regular trading, trading at 161.6 HKD/share, with turnover of 605 million HKD.
Within the Communications Equipment sector where YOFC belongs, individual stock performance diverged. Among individual stocks, Synertone up 10.71%, CIG up 3.46%, ZTE up 1.98%, VTECH Holdings down 0.78%, Comba down 3.12%.
YOFC is a China-based company principally engaged in the provision of optical fibre preforms, optical fibres, optical cables and other communications industry-related products. The company operates through three segments: Optical Fibre and Optical Fibre Preform, Optical Cable, and Optical Devices and Modules. Its products are sold in both domestic and overseas markets.
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