Hong Kong Stock Movement: YOFC rises 10.82%, driven by AI demand and investment layout boosting stock price surge

Hong Kong Stock Movement YOFC rose 10.82%. Based on recent key news: On December 19, YOFC announced that its stock price had deviated by more than 20% over three consecutive trading days, with high market attention on new optical fiber and cable products related to computing power data centers, leading to the price increase. Source: Zhitong Finance On December 19, YOFC's subsidiary, YOFC Capital, and Changxin Bochuang plan to subscribe to the third phase of the Shanghai M&A Fund's limited partnership shares, investing in high-end manufacturing, integrated circuits, and other fields to broaden investment channels and help the company consolidate its market position. Source: Zhitong Finance On December 19, the optical fiber and cable industry showed a clear recovery trend, with the special optical fiber business experiencing explosive growth under the AI computing power wave, highlighting its investment value and driving up stock prices. Source: Jinshi Data Optical Fiber Industry Recovery, AI Demand Growth Stocks with High Trading Volume in the Industry ZTE rose 1.40%. Based on recent news, On December 19, Meixinsheng announced that its wireless charging chip has been successfully used in the AI phone launched by ZTE in collaboration with ByteDance, enhancing wireless charging efficiency and battery life. This news boosted market confidence in ZTE's technological innovation capabilities, driving up stock prices. On December 15, JP Morgan increased its long position in ZTE's H shares from 8.87% to 9.50%. This increase indicates institutional optimism about ZTE's future development, further driving up stock prices. On December 15, UBS reduced its holdings in ZTE by 1,925,574 shares at a price of HKD 28.0651 per share, totaling approximately HKD 54.0414 million. Despite UBS's reduction, overall market confidence in ZTE remained significantly unaffected, and stock prices continued to rise. The ongoing demand for AI technology has driven up the stock prices of related companies. Cambridge Technology rose 5.05%, with a trading volume of HKD 138 million, and there has been no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. BYD Electronics rose 1.34%, with a trading volume of HKD 65.18 million, and there has been no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Stocks with High Market Capitalization in the Industry VTech rose 0.41%, with a market capitalization of HKD 15.7 billion, and there has been no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation