HK Stock Market Move | Optical communication concept rises against the market YOFC (06869) up over 6% TIME INTERCON (01729) up over 5%

The concept of optical communication is going against the market trend, as of the time of writing, YOFC (06869) rose by 5.7% to HK$37.08; TIME INTERCON (01729) rose by 5.69% to HK$16.71; Cig Shanghai (06166) rose by 5.68% to HK$86.5; Hongteng Jingmei (06088) rose by 3.33% to HK$5.28. In terms of news, Yuxun Shares today began its subscription with an issue price of HK$51.66 per share and a subscription limit of 0.45 million shares per person. It is reported that Yuxun Shares is a "national-level manufacturing champion enterprise" in the field of domestic optical communication, focusing on the research, development, design, and sales of front-end optical communication chips. Changjiang released a research report stating that the global demand for AI computing power is surging, with impressive financial reports from cloud businesses, rapid accumulation of cloud orders, a significant increase in capital expenditure, and a strong increase in investment intensity; accelerated delivery of computing power cards. The demand for data center interconnection continues to rise, with optical chip production capacity at full load, high-speed optical module supply in short supply, and accelerated expansion of production capacity. Expansion of optical fiber cables, high-speed cables, and liquid cooling equipment. AI and computing power are on a strong upward trend.