Zhi Tong Cai Jing·2026-02-09 02:03Group 1 - The stock price of Yangtze Optical Fibre and Cable (601869) surged over 9%, reaching a new high of 99.9 HKD, with a current price of 98.5 HKD and a trading volume of 742 million HKD [1] - Huayuan Securities noted that the price of optical fibers has been steadily increasing for about six months, with G.652.D bare fiber prices rising from less than 20 RMB per core kilometer, and expected to accelerate after 2026 due to a reversal in supply and demand [1] - The core reason for the price increase is the imbalance between supply and demand, as supply capacity is being continuously cleared while demand is driven by the rapid construction of AI data centers, leading to a shortage of various optical fibers [1] Group 2 - Huayuan Securities believes that the optical fiber and cable industry is likely to maintain an upward trend, and expects related companies' performance to improve alongside rising optical fiber prices [1] - Yangtze Optical Fibre and Cable's subsidiary announced the completion of over 1 billion RMB in A+ round equity financing, led by Jiangcheng Fund and Changjiang Industrial Group, with participation from other institutions [1] - The financing will primarily be used for the technological layout of the silicon carbide power semiconductor industry chain, aiming to accelerate the company's capture of emerging global markets [1]