智通财经网·2026-01-19 02:05Core Viewpoint - Changfei Fiber Optics (06869) saw a stock price increase of over 9%, reaching HKD 55.3 with a trading volume of HKD 1.008 billion, driven by positive earnings forecasts from its subsidiary Changxin Bochuang for 2025 [1] Company Summary - Changxin Bochuang forecasts a net profit attributable to shareholders of HKD 320 million to HKD 370 million for 2025, representing a year-on-year growth of 344.01% to 413.39% [1] - The growth in net profit is attributed to the increasing demand for computing power driven by new-generation information technologies such as cloud computing, artificial intelligence, and big data, which are propelling the rapid development of the data communication market [1] - The company's revenue from data communication-related products is steadily increasing, contributing to the overall profit growth [1] Industry Summary - Huatai Securities noted that the MPO, AOC, and high-speed copper cable businesses, developed through Changxin Bochuang, have become strong growth points, benefiting from the construction of AI data centers in North America and the ongoing expansion of overseas business [1] - According to a report by Founder Securities, China's optical cable production reached 125 million core kilometers in the first half of 2025, showing a decrease year-on-year, but the decline has narrowed compared to previous periods [1] - The prices of common optical fibers have started to rebound, and the procurement prices from operators are expected to stabilize and recover, indicating that the overall industry outlook may enter an upward phase [1]