--- title: "Hong Kong stock movement: YOFC rises 14.70%, driven by full production during the Spring Festival and a surge in industry demand boosting stock prices" description: "YOFC rose 14.70%; BYD Electronics rose 3.27%, with a transaction amount reaching HKD 171 million; ZTE Corporation rose 2.44%, with a transaction amount reaching HKD 83.16 million; Cambridge Technology" type: "news" locale: "en" url: "https://longbridge.com/en/news/276567709.md" published_at: "2026-02-23T06:11:05.000Z" --- # Hong Kong stock movement: YOFC rises 14.70%, driven by full production during the Spring Festival and a surge in industry demand boosting stock prices > YOFC rose 14.70%; BYD Electronics rose 3.27%, with a transaction amount reaching HKD 171 million; ZTE Corporation rose 2.44%, with a transaction amount reaching HKD 83.16 million; Cambridge Technology rose 9.29%, with a transaction amount reaching HKD 72.72 million; VTech rose 2.72%, with a market value reaching HKD 16.3 billion **Hong Kong Stock Movement** YOFC rose 14.70%. Based on recent news, 1. On February 22, YOFC maintained full production during the Spring Festival, with production lines operating at full capacity to ensure delivery quality. This news comes from Jinshi Data, indicating the company's strong performance in fiber optic cable production, driving the stock price up. 2. On February 22, multiple business segments under Huagong Technology continued operations during the Spring Festival, with AI high-speed optical module production lines running at full capacity, and orders extending to the fourth quarter of 2026. This news indicates strong industry demand, further supporting the rise in YOFC's stock price. 3. On February 22, FiberHome's Wuhan fiber optic production workshop and overseas cable factory maintained production during the Spring Festival to ensure product quality delivery. This reflects overall industry production activity, enhancing market confidence and boosting YOFC's stock price. The demand in the fiber optic industry is strong, and production is active. **Stocks with High Trading Volume in the Industry** BYD Electronics rose 3.27%, with a trading volume of HKD 171 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. ZTE Corporation rose 2.44%, with a trading volume of HKD 83.16 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Cambridge Technology rose 9.29%. Based on recent news, 1. On February 20, Cambridge Technology fell over 6% at the end of trading, hitting a new low since its listing. The company responded to online rumors, clarifying that the delays in optical modules and underperformance rumors are untrue. The earnings forecast indicates that the net profit attributable to the parent company for 2025 is expected to grow by 51.19% to 66.79% year-on-year, and the net profit attributable to the parent company after deducting non-recurring gains and losses is expected to grow by 64.62% to 81.81% year-on-year. 2. On February 13, Huaxin Securities released a research report stating that the funds raised from Cambridge Technology's Hong Kong listing in Q4 were mainly retained in Hong Kong dollars. Due to the depreciation of the Hong Kong dollar exchange rate, the net exchange gain and loss turned from profit to loss, with an estimated exchange loss of about 81.61 million yuan for 2025, which has a certain negative impact on Q4 performance growth but does not change the overall trend of performance growth. The fluctuations in the Hong Kong dollar exchange rate affect the company's performance. **Stocks with High Market Capitalization in the Industry** VTech rose 2.72%, with a market capitalization of HKD 16.3 billion, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [06869.HK - YOFC](https://longbridge.com/en/quote/06869.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | UBS Upgrades Yangtze Optical Fibre And Cable Joint Stock Company to Buy from Neutral, Price Target is HK$100 | UBS Upgrades Yangtze Optical Fibre And Cable Joint Stock Company to Buy from Neutral, Price Target is HK$100 | [Link](https://longbridge.com/en/news/274266945.md) | | Demand for AI eyewear surges during China’s Spring Festival | Chinese AI eyewear sales surged during the Spring Festival, driven by consumer demand and a new national subsidy. 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