--- title: "Hong Kong stock movement: YOFC fell 13.84%, computing power benefits hard to withstand selling pressure" type: "News" locale: "en" url: "https://longbridge.com/en/news/294004545.md" description: "YOFC fell 13.84%; Cambridge Technology fell 14.43%, with a transaction volume of HKD 433 million; ZTE Corporation fell 3.33%, with a transaction volume of HKD 225 million; Nanjing Panda Electronics Co., Ltd. rose 9.37%, with a transaction volume of HKD 207 million; Feisuke Innovation fell 2.67%, with a market value of HKD 13.6 billion" datetime: "2026-07-28T03:23:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294004545.md) - [en](https://longbridge.com/en/news/294004545.md) - [zh-HK](https://longbridge.com/zh-HK/news/294004545.md) --- # Hong Kong stock movement: YOFC fell 13.84%, computing power benefits hard to withstand selling pressure **Hong Kong Stock Movement** YOFC fell by 13.84%. Based on recent key news: 1. On July 27, Huaxin Securities' research report pointed out that the demand for computing power optical fibers continues to explode, and the manufacturing barriers across the entire chain consolidate YOFC's long-term profit elasticity. It is expected to achieve a net profit attributable to the parent company of 2.4 billion to 3 billion yuan in the first half of the year, a year-on-year increase of 711%-914%; the net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be 2 billion to 2.6 billion yuan, a year-on-year increase of 1349%-1784%. The computing power business has become the core growth engine, and the optimization of product structure significantly enhances profitability. The company has gained a stable customer base, including the three major state-owned telecommunications operators, through advanced production technology, excellent product quality, and outstanding customer service. As a leading enterprise in the global optical fiber and cable industry, it is expected to benefit deeply from the optical fiber upcycle, maintaining a "Buy" investment rating. Source: Huaxin Securities 2. On July 27, products are not sold to Americans. Structured products have no collateral; if the issuer is unable to repay or defaults, investors may not recover part or all of the receivables. The prices of structured products can rise or fall. Past performance does not reflect future performance. The secondary market for the products may be limited, and MCL may be the only quoting party. Source: Economic Information **Stocks with High Trading Volume in the Industry** Cambridge Technology fell by 14.43%. Based on recent key news: 1. On July 24, Cambridge Technology signed a partnership agreement with Shanghai Zhifeng to establish a partnership enterprise, mainly engaged in equity investment, investment management, and asset management. This partnership enterprise will be regarded as a subsidiary of the company, and its financial performance will be consolidated into the company's comprehensive financial statements. This move aims to strengthen the company's control over the upstream and downstream of the industry chain, enhance technical capabilities and supply chain resilience, increase market coverage, and expand market influence. After the news was released, the stock price fluctuated. 2. On July 24, Cambridge Technology experienced a position change, with a total transfer value of 1.0375 million Hong Kong dollars, accounting for 3.33%. Shareholders transferred 1.4582 million shares to Citibank and withdrew 1.0375 million shares from Daiwa Capital Markets Hong Kong. This move may raise market concerns about changes in the company's shareholder structure, leading to a decline in stock price. 3. On July 27, Cambridge Technology announced the establishment of a partnership enterprise with Shanghai Zhifeng, which will mainly engage in equity investment, investment management, and asset management. After the news was released, the stock price initially rose but then fell back, indicating a complex market reaction to the news. Recent market fluctuations have been significant, and investment should be cautious. ZTE Corporation fell by 3.33%. Based on recent key news: 1. On July 27, ZTE Corporation deepened cooperation with China Southern Power Grid to promote digital grid technology upgrades. This cooperation may enhance ZTE Corporation's market position in the energy sector but failed to immediately boost the stock price. 2. On July 28, S&P Global Market Intelligence data showed that ZTE Corporation's short-selling ratio reached 15.28%, indicating that the market holds a cautious attitude towards its short-term performance, putting pressure on the stock price On July 27th, ZTE Corporation collaborated with MTN in South Africa to upgrade AI-driven energy management. Despite significant technological advancements, this did not immediately reflect in the stock price. The short interest in Hong Kong stocks has risen, and market sentiment remains cautious. Nanjing Panda Electronics Co., Ltd. rose by 9.37%. Based on recent key news: 1. On July 27th, stocks related to brain-computer interface concepts in the Hong Kong stock market collectively rose. Nanjing Panda Electronics Co., Ltd. increased by over 6%, mainly influenced by the news that the U.S. startup Science Corp. is selling retinal chips in the EU region. This chip helps patients with "map-like atrophy" regain partial vision and is considered an important milestone in the commercialization of brain-computer interfaces, driving up related concept stocks. 2. On July 27th, BrainCo's Aurora-B rose by over 7%, and Micron Biomedical increased by nearly 2%. The overall performance of brain-computer interface concept stocks was strong, boosting the stock price of Nanjing Panda Electronics Co., Ltd. 3. On July 27th, Science Corp.'s PRIMA brain-computer system was approved for sale in the EU. This system is a new type of subretinal photovoltaic implant used with specialized glasses, promoting the commercialization of brain-computer interface technology and enhancing market confidence in related companies. The overall performance of brain-computer interface concept stocks was strong, and market confidence improved. **Stocks ranked at the top of the industry market capitalization** Innovative Fast fell by 2.67%. There has been no significant news recently; trading is active, and capital flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation. no\_news ### 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) - [00553.HK](https://longbridge.com/en/quote/00553.HK.md) - [03355.HK](https://longbridge.com/en/quote/03355.HK.md) ## Related News & Research - [YOFC agrees to buy Draka’s 25% stake in YOFC Shanghai for EUR 12 million](https://longbridge.com/en/news/294383645.md) - [YOFC moves to full control of Shanghai fibre-optic subsidiary with EUR12 million buyout](https://longbridge.com/en/news/294391151.md) - [Yangtze Optical Fibre and Cable Secures Shareholder Backing for New Board Line-up](https://longbridge.com/en/news/294386850.md) - [Yangtze Optical Fibre and Cable files list of board, committee members with disclosure duties](https://longbridge.com/en/news/294383248.md) - [Why plywood prices are still sky high and what comes next](https://longbridge.com/en/news/294233280.md)