智通财经网·2025-12-11 01:35Core Viewpoint - Changfei Fiber Optic Cable (06869) has seen a significant stock price increase, rising over 10% yesterday and opening nearly 4% higher today, indicating strong market interest and investor confidence [1] Company Summary - Changfei Fiber Optic Cable announced a placement of 70 million shares at a price of HKD 32.26 per share, representing a discount of 14.93% compared to the closing price on December 9 [1] - The net proceeds from the placement are expected to be approximately HKD 2.23 billion, with around 80% allocated for the development of overseas business and the remainder for working capital [1] Industry Summary - According to a report from Changjiang Securities, there is a surge in global AI computing power demand, leading to impressive financial results from cloud service providers and a rapid accumulation of cloud orders [1] - Capital expenditures are being revised upwards, with significant increases in investment, and the delivery of computing power cards is accelerating [1] - The demand for data center interconnectivity continues to rise, resulting in full capacity for optical chip production and a shortage of high-speed optical modules, prompting accelerated expansion [1] - There is a growing need for optical fiber cables, high-speed cables, and liquid cooling equipment as part of the expansion efforts in the industry [1]