YOFC Surges 10.1% on AI Demand and Commercial Projects
YOFC (6869.HK) surged 10.1% during regular trading hours, now priced at HK$231.20. The stock saw a trading volume of 24.87 million shares, with a turnover of HK$5.62 billion. The surge aligns with increased demand for AI-driven optical fiber solutions and commercial projects boosting performance.
According to Everbright Securities, the development of AI large models and high-performance computing is driving steady growth in the aerospace field's demand for polarization-maintaining optical fibers. Domestic products are gradually achieving import substitution in technology, benefiting companies with technological accumulation and customer resources.
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