Zhi Tong Cai Jing·2025-12-11 01:34Group 1 - Changfei Optical Fiber and Cable (601869) shares rose over 10% yesterday and opened nearly 4% higher today, currently trading at 43.68 HKD with a transaction volume of 16.49 million HKD [1] - The company announced a placement of 70 million shares at a price of 32.26 HKD per share, representing a discount of 14.93% compared to the closing price on December 9, with net proceeds expected to reach approximately 2.23 billion HKD, of which about 80% will be used for overseas business development and the remainder for working capital [1] - Longjiang Securities reported a surge in global AI computing power demand, with strong cloud service financial results, rapid accumulation of cloud orders, and significant increases in capital expenditures, leading to accelerated delivery of computing power cards [1] Group 2 - The demand for data center interconnection continues to rise, with optical chip production at full capacity and high-speed optical modules in short supply, prompting accelerated expansion [1] - The expansion of optical fiber and cable, high-speed cables, and liquid cooling equipment is underway, driven by the strong upward trend in AI and computing power [1]