Group 1 - The stock of Yangtze Optical Fibre and Cable (06869) was transferred from J.P. Morgan Broking (Hong Kong) to China International Capital Corporation Hong Kong Securities, with a market value of HKD 645 million, accounting for 11.15% [1] - The company reported a revenue of RMB 12.197 billion for the fiscal year 2024, a year-on-year decrease of 8.7%, and a net profit attributable to shareholders of RMB 676 million, down 47.9% year-on-year [1] - The company plans to distribute a final dividend of RMB 0.268 per share on August 15, 2025 [1] Group 2 - Yangtze Optical Fibre has completed pilot tests of hollow-core optical fibers with the three major domestic operators and is collaborating with several equipment manufacturers and internet companies, achieving globally leading indicators [2] - The demand for mid-to-high-end multimode optical fibers for data centers is exceeding supply, and the development and industrialization of hollow-core optical fibers are accelerating [2]

Group 1: Stock Movements in Hong Kong Market - Youqu Holdings (02177) surged over 24% as it actively expands into the health sector with the launch of the Canadian anti-aging health food brand Vanpearl containing ergothioneine [1] - Longfly Fiber Optics (06869) rose nearly 10% following the commencement of mass production at its advanced Wuhan base, successfully producing its first 6-inch silicon carbide wafer [1] - SF Holding (06936) increased over 5% with a reported 19.1% year-on-year growth in express delivery volume in April 2025, reaching 16.32 billion parcels [1] Group 2: Notable Developments in Other Companies - Alibaba Pictures (01060) gained over 4% after announcing a name change to Damai Entertainment, indicating a focus on offline performances and IP derivatives [2] - Innovent Biologics (01801) rose over 4% after presenting promising results for its innovative drug IBI343 for treating advanced pancreatic cancer at the 2025 ASCO annual meeting [2] - Ideal Auto (02015) saw a rise of over 6% with May deliveries reaching 40,856 units, marking a 16.7% year-on-year increase [4] Group 3: U.S. Market Highlights - Ferguson (FERG.US) increased by 2.9% with Q3 sales of $7.621 billion, a 4.3% year-on-year growth, exceeding market expectations [5] - Credo Technology (CRDO.US) surged over 14% with Q4 revenue of $170.3 million, a 179.7% year-on-year increase [6] - Nvidia (NVDA.US) rose by 2.8% as UBS projected significant revenue from a new AI data center project in Texas [6]

Core Viewpoint - Changfei Advanced's Wuhan base has achieved mass production of 6-inch silicon carbide wafers, marking a significant milestone in the semiconductor industry [1] Group 1: Company Overview - Changfei Advanced's Wuhan base project has a total investment of 20 billion and covers an area of 498 acres [1] - The first phase of the project occupies 344 acres and is expected to reach an annual production capacity of 360,000 pieces of epitaxial wafers, 360,000 pieces of 6-inch silicon carbide wafers, and 61 million silicon carbide power modules [1]