HK Stock Market Move | YOFC(06869) rose more than 8% during trading, China Telecom Corporation completes the world's first experiment of ultra-long distance space-core optical fiber co-transmission over 100 kilometers.
Changfei Fiber Optic Cable (06869) rose more than 8% during trading hours, with a 7.35% increase as of the time of writing, reaching 36.2 Hong Kong dollars with a turnover of 5.54 billion Hong Kong dollars.
YOFC (06869) rose more than 8% during the trading session, with a 7.35% increase at the time of writing, reaching 36.2 Hong Kong dollars with a trading volume of 5.54 billion Hong Kong dollars.
On the news front, according to the Science and Technology Daily, China Telecom Corporation recently successfully completed the world's first super-long-distance air-core optical fiber shared fiber transmission experiment, setting a new record in this field and marking a milestone breakthrough in China's quantum-classical shared fiber transmission technology. The experiment achieved four core indicators at the global leading level.
Zhongtai released a research report stating that the explosive demand for AI computing power in 2025 is the core increment driving the demand for optical fibers. To ensure the training efficiency of super-large AI clusters, network interconnection within and between data centers is accelerating towards 800G/1.6T evolution. Air-core optical fiber is considered the ultimate solution for communication within AI clusters and ultra-low latency DCI. UBS stated that air-core optical fiber has long-term development potential, and it is expected that the technology will gradually mature and make significant revenue contributions in the next 2-3 years, serving as a strategic growth lever for YOFC, but its short-term impact on profitability is still limited.
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