Zhi Tong Cai Jing·2026-02-24 05:20Group 1 - The core viewpoint of the article highlights that Changfei Optical Fiber and Cable (06869) has seen its stock price rise over 5%, reaching a historical high of 135 HKD, with a current price of 133.4 HKD and a trading volume of 1.798 billion HKD [1] - According to the China Electronic Components Industry Association, the average price of G.652.D single-mode optical fiber in the Chinese market is expected to exceed 40 RMB per core kilometer by January 2026, marking a nearly seven-year high, with some manufacturers quoting prices as high as 50 RMB per core kilometer [1] - In January, the market price experienced a month-on-month increase of over 75%, indicating a significant upward trend in pricing [1] Group 2 - Huayuan Securities attributes the rise in optical fiber prices to a reversal in supply and demand dynamics, where supply capacity is being continuously cleared while demand is accelerating due to the construction of AI data centers, leading to a situation of supply shortages for various types of optical fibers [1] - The firm believes that the positive outlook for the optical fiber and cable industry is likely to continue, and expects related companies' performance to improve alongside the rise in optical fiber prices [1]