Hong Kong Stock Movement
Stocks with High Trading Volume in the Industry
Changfei Fiber Optic Cable fell 0.83%, with a trading volume of HKD 4.92 billion. According to recent key news:
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On September 17, a large transaction occurred for Changfei Fiber Optic Cable, with a transaction amount exceeding HKD 20 million, indicating high market attention on the stock, leading to price fluctuations.
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On September 15, Tianfeng Securities released a research report stating that Changfei Fiber Optic's net profit in the first half of the year decreased by 22% year-on-year, and the net profit in the second quarter alone dropped by 55% year-on-year, mainly due to high non-recurring income confirmed in the same period last year, affecting market expectations.
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On September 16, Draka, a subsidiary of Prysmian SpA, announced the sale of all its shares in Changfei Fiber Optic Cable, with a transaction amount of approximately HKD 1.8 billion. This move raised market concerns about the company's future development, leading to a decline in stock price. The demand in the fiber optic cable industry was below expectations, and competition intensified.
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BYD Electronics rose 1.84%. Based on recent important news:
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On September 16, Caitong Securities initiated coverage on BYD Electronics, giving it an &#34;Overweight&#34; rating due to the rapid growth of its new energy vehicle business, expecting significant revenue increases from 2025 to 2027. This news drove the stock price up. Data source: Caitong Securities.
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On September 16, Caitong Securities pointed out that BYD Electronics' component business revenue far exceeded expectations, pushing the adjusted net profit attributable to the parent slightly above institutional expectations, further enhancing market confidence. Data source: Caitong Securities.
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On September 15, Lens Technology, as an Apple concept stock, may receive market attention if iPhone 17 sales are strong, indirectly affecting the stock prices of related supply chain companies. Data source: Everbright Securities. The new energy vehicle industry is growing rapidly, and market confidence is strengthening.
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ZTE Corporation rose 1.04%. According to recent key news:
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On September 15, Hunan Provincial Party Secretary Shen Xiaoming met with ZTE Corporation Chairman Fang Rong and unveiled the global AI R&amp;D center of ZTE Corporation. This move promoted the expansion and efficiency of ZTE's R&amp;D and production base in Changsha, supporting the implementation of the &#34;AI+&#34; initiative in Hunan and enhancing market confidence in the company.
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On September 16, ZTE Corporation experienced a block trade, with a transaction price of HKD 44.3 and a transaction amount of HKD 2.0157 million. This transaction indicated sustained market attention on the stock and contributed to a rise in stock price.
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On September 15, ZTE Corporation ranked prominently among the top 100 innovative enterprises in China, showcasing the company's rapid development driven by its AI strategy, further enhancing investors' expectations for its future growth. The AI strategy is driving industry development
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INVESTECH HLDGS surged 23.64%; Yangtze Optical Fibre and Cable fell 0.83%, with a transaction volume of HKD 4.92 billion; BYD Electronics rose 1.84%, with a transaction volume of HKD 798 million; ZTE Corporation increased by 1.04%, with a transaction volume of HKD 690 million; VTech fell 1.26%, with a market value of HKD 15.9 billion

Hong Kong Stock Movement: INVESTECH HLDGS surged 23.64%