Core Viewpoint - Changfei Fiber's stock price increased by nearly 6%, reaching HKD 48.58 with a trading volume of HKD 1.138 billion, following significant advancements in optical communication technology [1] Company Summary - Lumenisity's research team, supported by Microsoft, announced the development of a new type of hollow-core fiber that achieved the lowest signal attenuation level ever recorded, marking a major breakthrough in optical communication technology [1] - Changfei Fiber is highlighted by Zhongtai Securities for its leading hollow-core technology production capacity and successful bids in related projects [1] - Changfei has successfully laid the world's first 7-core submarine fiber optic cable, indicating a significant advancement in China's submarine space division multiplexing communication technology [1] Industry Summary - Minsheng Securities reports a surge in capital expenditure for AI data centers, leading to increased demand for high-end fiber applications [1] - The rapid development of generative AI and the fast iteration of AI models have created substantial demand for computing power, driving the construction of data centers [1] - Major North American cloud service providers, including Microsoft, Google, META, and Amazon, are projected to have a total capital expenditure of approximately USD 95.8 billion by Q2 2025, reflecting a year-on-year growth of about 64%, with an optimistic outlook for annual demand [1] - The ongoing construction of domestic and international data centers is expected to drive steady growth in demand for related products from companies like Changfei Fiber [1]

Core Viewpoint - Longi Fiber Optics (06869) has seen a nearly 6% increase in stock price, attributed to significant advancements in optical communication technology, particularly the development of a new type of hollow-core fiber with the lowest signal attenuation ever recorded [1] Company Summary - Longi Fiber Optics' stock rose by 5.88% to HKD 48.58, with a trading volume of HKD 1.138 billion [1] - The company has been recognized for its leading hollow-core technology capacity and has successfully won bids for related projects [1] - Longi, in collaboration with partners, has laid the world's first 7-core submarine optical cable, marking a significant breakthrough in China's submarine space division multiplexing communication technology [1] Industry Summary - The demand for high-end optical fiber applications is increasing due to a surge in capital expenditure for AI data centers [1] - The rapid development of generative AI and the fast iteration of AI models have created substantial demand for computing power, leading to ongoing construction of data centers [1] - Major North American cloud service providers, including Microsoft, Google, META, and Amazon, are projected to have a total capital expenditure of approximately USD 95.8 billion by Q2 2025, reflecting a year-on-year increase of about 64% [1] - The continuous construction of data centers both domestically and internationally is expected to drive steady growth in demand for related products [1]