Xin Lang Cai Jing·2026-01-28 08:13Core Viewpoint - The rapid development of artificial intelligence (AI) applications is driving the construction of intelligent computing power, significantly increasing the demand for new types of optical fibers in data centers and core nodes [1] Group 1: Market Trends - Since the third quarter of 2025, the price of optical fibers in the Chinese market has been continuously rising, indicating strong demand and overall tight supply [1] - Strong overseas demand and robust export performance reflect the thriving global market for optical fibers and cables [1] Group 2: Industry Dynamics - The optical fiber and cable industry experienced a supply-demand imbalance and price collapse in 2019, but the current expansion by manufacturers is expected to be more rational [1] - The expansion cycle for components like optical preforms is relatively long, which may affect supply dynamics [1] Group 3: Investment Opportunities - The current demand recovery and price increase may lead to both profit and valuation improvements for leading companies in the industry [1] - As of January 28, the average increase in optical fiber and cable concept stocks in the A-share market is 9.72%, outperforming the Shanghai Composite Index by over 5 percentage points [1] - Six stocks have seen cumulative increases of over 10%, including Hengtong Optic-electric, FiberHome Technologies, Zhongtian Technology, Raycus Fiber Laser, Yangtze Optical Fibre and Cable, and Tongding Interconnection Information [1]