On July 20, Yangtze Optical Fibre and Cable rose 7.36% in regular trading, trading at HKD 137.2/share, with turnover of HKD 449 million.

On the news front, company President Zhuang Dan stated at the World Artificial Intelligence Conference that as CPO technology becomes the core solution for AI data center optical interconnection, polarization-maintaining fiber demand is expected to grow 10 to 20 times in the next one to two years. He also projected that Datacom's share of global fiber optic cable demand will rise from under 10% currently to over 50% by 2030, with smart computing centers achieving a compound annual growth rate of 20.74%.

The stock had previously surged to HKD 188 on July 15 following a profit alert showing H1 net profit growth of 711%-914% year-over-year, but subsequently pulled back more than 25% over three consecutive trading days amid profit-taking pressure. The current rebound reflects oversold technical conditions combined with renewed optimism on AI-driven fiber demand expansion.

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