HK Stock Market Move | YOFC (06869) saw an intraday increase of over 5%. The company benefits from the strong upward cycle in the industry and has a key advantage in capturing overseas demand for AI infrastructure.

YOFC (06869) rose more than 5% during the trading session, and as of press time, it is up 4.5%, priced at HKD 128, with a transaction volume of HKD 958 million. In terms of news, Daiwa released a research report stating that Yangtze Optical Fibre And Cable Joint Stock is benefiting from the current strong upward cycle in the optical fiber industry. The company is expected to be supported by its technological leadership and the growth potential of its optical interconnection business, with a projected compound annual growth rate (CAGR) of 137% for gross profit in the optical interconnection segment, driving a CAGR of 135% for net profit from 2025 to 2028. Regarding overseas operations, Daiwa believes that Yangtze Optical Fibre And Cable Joint Stock's global layout and close relationships with international clients represent key advantages in capturing overseas AI infrastructure demand.