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Report: CN Domestic Optical Fiber Sees Global Order Spike; Some Product Prices Up 6.5x YTD
HK-listed optical communications stocks rattled this morning (20th). YOFC (06869.HK) once climbed to an intraday peak of HKD226.6, surging 10% at one point, and last reported at HK...
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Report: CN Domestic Optical Fiber Sees Global Order Spike; Some Product Prices Up 6.5x YTD
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HK-listed optical communications stocks rattled this morning (20th). YOFC (06869.HK)  0.000 (0.000%)    Short selling $728.41M; Ratio 22.593%   once climbed to an intraday peak of HKD226.6, surging 10% at one point, and last reported at HKD215.8, up 4.8%, with turnover of HKD3.202 billion. CIG (06166.HK)  0.000 (0.000%)   opened 7.6% higher at HKD132.1, hit a high of HKD133.4, then reversed to trade lower to last at HKD117.6, down 4.2%, with turnover of HKD800 million.

Optical fiber and cable, as key media for modern information transmission, are widely used in data communications, sensing, medical and industrial control fields. Since the beginning of this year, the optical fiber industry has displayed a boom characterized by soaring volume and price.

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At a fiber manufacturer in Jiangsu, staff said that optical fiber product output and sales spiked by more than 35% YoY in 1Q26, with overseas sales soaring by over 55%, according to CCTV Finance. Exports are majorly to regions such as North America and SE Asia. Current orders on hand are very sufficient, and production has been scheduled through 1Q27.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-23 16:25.)

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