--- title: "Hong Kong Stock Movement: YOFC's first-quarter performance surged, with stock price rising 12.86%, sparking market discussions" type: "News" locale: "en" url: "https://longbridge.com/en/news/285039236.md" description: "YOFC rose 12.86%; Cambridge Technology rose 15.74%, with a transaction volume of HKD 616 million; ZTE Corporation rose 5.45%, with a transaction volume of HKD 313 million; BYD Electronics rose 1.59%, with a transaction volume of HKD 183 million; Feisuke Innovation fell 0.23%, with a market value of HKD 17.8 billion" datetime: "2026-05-04T07:21:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285039236.md) - [en](https://longbridge.com/en/news/285039236.md) - [zh-HK](https://longbridge.com/zh-HK/news/285039236.md) --- # Hong Kong Stock Movement: YOFC's first-quarter performance surged, with stock price rising 12.86%, sparking market discussions **Hong Kong Stock Movement** YOFC rose 12.86%. Based on recent key news: 1. On May 4th, YOFC announced its first-quarter results, with operating revenue of 3.695 billion yuan, a year-on-year increase of 27.70%; net profit of 495 million yuan, a significant year-on-year increase of 226.40%. Although the net profit was below market expectations, the rise in fiber optic prices and increased demand for data centers support future profit growth. Source: Zhitong Finance 2. On May 4th, YOFC experienced large transactions, with a transaction amount exceeding 20 million Hong Kong dollars, indicating strong market interest in the stock. Source: Huigang Communications 3. On May 4th, Huatai Securities pointed out that the company's profit growth rate in the first quarter far exceeded the revenue growth rate, mainly due to improved gross margins and confirmation of high-priced orders, maintaining an "overweight" rating. Source: Zhitong Finance. Fiber optic prices are rising, and demand is increasing. **Stocks with High Trading Volume in the Industry** Cambridge Technology rose 15.74%, with a transaction amount reaching 616 million Hong Kong dollars, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. ZTE Corporation rose 5.45%. Based on recent key news: 1. On May 4th, the High Court in London ruled that Samsung Electronics must pay ZTE Corporation 392 million USD in patent licensing fees. This news stimulated ZTE's stock price to rise, with a significant increase in transaction volume. Source: Yicai Global 2. On May 3rd, the Frankfurt court pointed out that the strategic value of 5G patents has increased, and global patent governance has diversified. ZTE's competitiveness in the 5G patent field has strengthened, boosting market confidence. Source: Daily Economic News 3. On May 1st, the U.S. FCC proposed to restrict the use of ZTE equipment in the U.S., which may affect its market expansion. This move has raised market uncertainty regarding ZTE's future business. Source: Reuters. The competition for 5G patents is intensifying, increasing market volatility risks. BYD Electronics rose 1.59%, with a transaction amount reaching 183 million Hong Kong dollars, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Fast Innovation fell 0.23%, with a market capitalization of 17.8 billion Hong Kong dollars, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation ### Related Stocks - [06869.HK](https://longbridge.com/en/quote/06869.HK.md) - [06166.HK](https://longbridge.com/en/quote/06166.HK.md) - [00763.HK](https://longbridge.com/en/quote/00763.HK.md) - [00285.HK](https://longbridge.com/en/quote/00285.HK.md) - [03355.HK](https://longbridge.com/en/quote/03355.HK.md) ## Related News & Research - [Yangtze Optical Fibre Updates Strategy Committee Mandate to Strengthen Governance](https://longbridge.com/en/news/284599237.md) - [A Look At Yangtze Optical Fibre And Cable (SEHK:6869) Valuation After Strong 2025 Results And Higher Final Dividend](https://longbridge.com/en/news/281733914.md) - [Guardian Exploration Inc. Receives Class 3 Exploration Permit for Mount Cameron Ag-Zn-Pb Project, Yukon | GXUSF Stock News](https://longbridge.com/en/news/285062485.md) - [Inside one of the world's biggest aircraft 'graveyards' where planes go to die — and airlines can dissect them for parts](https://longbridge.com/en/news/285210627.md) - [Ocean Sun Sets Date for First-Quarter 2026 Results and Webcast](https://longbridge.com/en/news/285170937.md)