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| HSI1 | 24,175.12 | +144.94 | 339.59B |
| HSCEI1 | 8,039.19 | +41.90 | 95.13B |
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2026-07-10 16:40:40 HSBC Global Investment Research issued a report initiating YOFC (06869.HK) with a Buy rating and a TP of HKD277. The broker said that although global total optical fiber supply is expected to see a 3% surplus by 2028, the global data center optical fiber market is expected to face a 19% supply shortage. It believes YOFC's concentrated deployment in the data center optical fiber segment will deliver returns. The broker forecast its profit will grow 12x over the next two years (while the stock price has cumulatively risen about 2x YTD), and its H shares are currently trading at 10x projected 2027 P/E, making the valuation attractive. The broker initiated the Hong Kong shares of YOFC with a TP of HKD277 and a Buy rating. It also initiated YANGTZE OPTICAL FIBRE (601869.SH) A shares with a Buy rating and a TP of RMB489. (sl/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |