Zhi Tong Cai Jing·2025-09-30 06:20Group 1 - The core point of the article highlights the significant decline in the stock price of Yangtze Optical Fibre and Cable (06869), which has dropped over 7% and nearly 30% from its monthly high, currently trading at 47 HKD with a transaction volume of 1.303 billion HKD [1] - Draka Comteq B.V. sold 37.5953 million shares of Yangtze Optical Fibre through block trading on September 19, representing 5% of the total share capital, reducing its holdings to zero [1] - As of the end of March this year, Draka Comteq B.V. and China Huaxin Post and Telecommunications Technology Co., Ltd. were the largest shareholders of Yangtze Optical Fibre, each holding 23.73% of the shares [1] Group 2 - Morgan Stanley released a report mid-month indicating that the positive fundamentals of the optical module industry are widely recognized and reflected in stock prices, advising investors to take profits during high market sentiment [1] - The report suggests that while the growth prospects for AI infrastructure demand remain positive, the current level of market enthusiasm is unsustainable [1] - It notes that although there are highlights in Yangtze Optical Fibre's high-end optical fiber business, a reversal in performance still needs to be validated [1]