Jin Rong Jie·2026-02-23 10:12Group 1 - The core viewpoint of the news highlights the strong performance of the Hong Kong computing hardware sector, driven by the increasing demand for underlying computing power due to the acceleration of AI applications [1] - Longhua Fiber Optics has seen its market capitalization exceed HKD 100 billion, with a year-to-date increase of over 150%, indicating significant investor interest and confidence in the company [1] - The demand for computing power is further emphasized by the surge in AI applications from major companies like Alibaba and Tencent, which has created a rigid demand for computing resources [1] Group 2 - The fundamental support for Longhua Fiber Optics comes from the significant improvement in the supply-demand relationship within the optical fiber and cable industry, with projected prices for G.652.D single-mode fiber expected to exceed 40 RMB per core kilometer by January 2026, marking a nearly seven-year high [2] - Longhua Fiber Optics has maintained the largest market share in preform rods, optical fibers, and optical cables globally for nine consecutive years since 2016, showcasing its strong competitive position [2] - The company reported a revenue of 10.275 billion RMB for the first three quarters of 2025, reflecting an 18.18% year-on-year growth, indicating robust financial performance [2]