--- title: "Hong Kong Stock Movement: NANFANG COMM rose by 15.63%, with clear capital flow, market sentiment triggered volatility attention" type: "News" locale: "en" url: "https://longbridge.com/en/news/283772834.md" description: "NANFANG COMM rose 15.63%; Yangtze Optical Fibre and Cable fell 4.45%, with a transaction amount reaching HKD 4.038 billion; Cambridge Technology fell 3.22%, with a transaction amount reaching HKD 1.402 billion; BYD Electronics fell 4.54%, with a transaction amount reaching HKD 469 million; ZTE Corporation fell 3.17%, with a market value reaching HKD 116.9 billion" datetime: "2026-04-23T06:02:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283772834.md) - [en](https://longbridge.com/en/news/283772834.md) - [zh-HK](https://longbridge.com/zh-HK/news/283772834.md) --- # Hong Kong Stock Movement: NANFANG COMM rose by 15.63%, with clear capital flow, market sentiment triggered volatility attention **Hong Kong Stock Movement** NANFANG COMM, up 15.63%, with no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** Changfei Fiber Optic Cable down 4.45%. Based on recent key news: 1. On April 20, optical communication stocks fluctuated, with Changfei Fiber Optic Cable reaching a high of 226.6 yuan during trading, with a trading volume of 3.202 billion yuan, indicating increased market attention on the fiber optic industry, driving stock price volatility. 2. On April 22, the major shareholder of Changfei Fiber Optic Cable, China Huaxin, changed its controlling shareholder to China Shulian Logistics. Although control remains unchanged, the market's reaction to the change in shareholder structure led to stock price fluctuations. 3. On April 20, the fiber optic industry entered a prosperous cycle, with both volume and price rising, and prices of some special optical fibers skyrocketing by 650%, providing support for stock prices due to explosive industry demand. The demand in the fiber optic industry is strong, and prices are rising. Cambridge Technology down 3.22%. Based on recent key news: 1. On April 21, Cambridge Technology announced that its production and operational activities are normal, and there are no significant matters affecting abnormal stock price fluctuations. The company's main business involves the manufacturing of communication equipment, and its industry development is closely related to global communication technology iterations. Future industry policy adjustments or market demand falling short of expectations may adversely affect the company's profitability. Source: Jinshi Data 2. On April 20, shareholders of Cambridge Technology transferred stocks from Minyin Securities to Guotai Junan, with a transfer market value of 373 million Hong Kong dollars, accounting for 5.31%. The company plans to reduce its holdings through block trades and centralized bidding in the future, accounting for 2.69% of the total shares. Source: Zhito Finance 3. On April 22, shareholders of Cambridge Technology transferred stocks from Merrill Lynch Far East to BNP Paribas, with a transfer market value of 370 million Hong Kong dollars, accounting for 3.82%. The cumulative deviation of the company's A-share stock price from April 17 to April 21 reached 20%, indicating abnormal trading fluctuations. Source: Zhito Finance The communication industry is significantly affected by global technology iterations. BYD Electronics down 4.54%. Based on recent key news: 1. On April 22, BYD Electronics announced that two independent non-executive directors would resign after the shareholders' annual meeting, which may raise market concerns about changes in the company's governance structure, leading to a decline in stock prices. 2. On April 22, BYD Electronics proposed to distribute a final dividend of 0.156 yuan per share for the year 2025, but the dividend policy may not have boosted market confidence, putting pressure on stock prices. 3. On April 22, shareholders will vote on the dividend proposal on June 9, and the uncertainty regarding future earnings may affect investor sentiment. Recent fluctuations in Hong Kong stocks have intensified, and policy changes need to be monitored. **Stocks with High Market Capitalization in the Industry** ZTE Corporation fell by 3.17%. Based on recent news, 1. On April 21, the State Council issued opinions on promoting the expansion and quality improvement of the service industry, proposing to deepen the large-scale application of 5G, promote the development of 5G-A networks, and strengthen the research and development of 6G technology. Despite the favorable policies, the market still has doubts about ZTE Corporation's short-term profitability, leading to a decline in stock prices. 2. On April 22, the General Office of the CPC Central Committee and the General Office of the State Council issued opinions on energy conservation and carbon reduction work, requiring the acceleration of energy-saving and carbon-reduction transformations of digital infrastructure. Although policy support is beneficial for long-term development, concerns about the impact on the company's cost control and profitability in the short term have raised market worries, putting pressure on the stock price. 3. On April 17, BlackRock's long position in ZTE Corporation's H shares increased from 5.98% to 6.68%. Although institutional buying indicates a positive long-term outlook for the company, it has not reversed the market's concerns about short-term profitability, and the stock price continues to decline. 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