Xin Lang Cai Jing·2025-12-18 01:58Core Viewpoint - The stock of Yangtze Optical Fibre and Cable Joint Stock Limited Company (06869) has seen significant price increases, attributed to rising fiber optic prices driven by AI demand, reversing a previous trend of price declines due to slowed broadband investments by operators [1][5]. Company Performance - The stock price increased by over 5% during the trading session, following a previous surge of over 21%, with the current price at 48.72 HKD and a trading volume of 1.384 billion HKD [1][5]. - The company’s core product, G.654.E fiber optic cable, has gained a significant market share in recent group-level procurement by China Telecom, indicating strong demand and growth potential [1][5]. Industry Trends - Recent reports indicate that fiber optic prices have increased by approximately 15%, with major domestic and international manufacturers, including Corning and Fujikura, confirming this trend [1][5]. - The company is at the forefront of next-generation fiber technology, particularly in the development and industrialization of hollow-core fiber, which positions it well for future growth [1][5]. - The company’s subsidiary, Changxin Bochuang, is expanding into high-growth areas such as MPO, AOC, and high-speed copper cable components, benefiting from the construction of AI data centers in North America [1][5].