HK Stock Market Move | YOFC (06869) fell by more than 6%. Wuhan Yangtze Communication Industry Group reduced its holdings of 1.1 million A-shares.

YOFC (06869) fell more than 6%, as of the time of writing, it was down 6.66% at HKD 52.55, with a turnover of HKD 10.01 billion. On the news front, on December 27th, Yangtze Optical Fibre And Cable Joint Stock issued a notice stating that the company has recently received a notification letter from Wuhan Yangtze Communication Industry Group regarding the completion of the implementation of the plan to reduce holdings of Yangtze Optical Fibre And Cable Joint Stock. As of December 26, 2025, Wuhan Yangtze Communication Industry Group has cumulatively reduced its holdings of 1.1 million A-shares of the company, accounting for 0.14% of the company's total share capital. The reduction plan of Wuhan Yangtze Communication Industry Group has been completed.