--- title: "Hong Kong Stock Movement: YOFC rises 18.37%, driven by full ownership and favorable bidding news" type: "News" locale: "en" url: "https://longbridge.com/en/news/294915035.md" description: "YOFC rose 18.37%; Zhongji Xuchuang fell 4.50%, with a transaction amount of HKD 3.853 billion; Cambridge Technology fell 2.73%, with a transaction amount of HKD 1.561 billion; ZTE Corporation rose 0.62%, with a transaction amount of HKD 237 million; Feisuke Innovation rose 0.38%, with a market value of HKD 14.8 billion" datetime: "2026-08-05T05:37:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294915035.md) - [en](https://longbridge.com/en/news/294915035.md) - [zh-HK](https://longbridge.com/zh-HK/news/294915035.md) --- # Hong Kong Stock Movement: YOFC rises 18.37%, driven by full ownership and favorable bidding news **Hong Kong Stock Movement** YOFC rose 18.37%. Based on recent key news: 1. On August 4, YOFC announced that its subsidiary YOFC Capital will participate in the establishment of the YOFC Jiangcheng Intelligent Venture Capital Fund, with a fund size of 500 million RMB, and YOFC Capital will contribute 170 million RMB, accounting for 34%. The fund will focus on investing in artificial intelligence, high-end manufacturing, semiconductors, and integrated circuits. This news drove the stock price up. 2. On August 3, YOFC announced that it will acquire a 25% stake in YOFC Shanghai held by Draka for 12 million euros, thereby achieving full ownership of YOFC Shanghai. This move will help the company integrate industrial chain resources and enhance the sustainable growth capability of its main business. 3. On August 4, YOFC won a bid in the cable procurement project of China Telecom Guangdong Company, with a contract amount of approximately 159 million RMB. YOFC is a leader in the shipment of hollow-core fibers and G.654E fibers, further enhancing market confidence in its business capabilities. The demand in the fiber optic industry is strong, attracting investor attention. **Stocks with High Trading Volume in the Industry** Zhongji Xuchuang fell 4.50%. Based on recent key news: 1. On August 5, the U.S. government plans to ban the import of Chinese optical transceiver components, with the Federal Communications Commission drafting a ban aimed at preventing mainland companies from implanting malware or stealing data in data centers. If the ban takes effect, it will impact Zhongji Xuchuang. Zhongji Xuchuang holds a 27% share of the global data center transceiver market, with 90% of its revenue coming from outside China. This news led to a significant drop in stock price. Source: Zhongji Xuchuang official website. 2. On August 5, among optical module concept stocks, Zhongji Xuchuang, Xinyi Technology, and Tianfu Communication fell 7.93%, 4.96%, and 3.4% respectively during the session. Market news indicates that the U.S. Federal Communications Commission is drafting a ban on the import of new models of Chinese data center components, including optical modules. A relevant person from Zhongji Xuchuang stated that the company has noted the relevant market information and confirmed that the FCC has not yet issued restrictive documents in this area. Source: Jinshi Data. 3. On August 5, Zhongji Xuchuang opened down 15%, with the early decline narrowing, currently reported at 1096 RMB, down 6.88%. The company has noted the relevant market information and confirmed that the U.S. Federal Communications Commission has not yet issued restrictive documents in this area. If the ban takes effect, it will impact Zhongji Xuchuang. Source: Reuters. The optical module industry faces policy risks and requires attention. Cambridge Technology fell 2.73%. Based on recent key news: 1. On August 5, the Trump administration plans to ban the import of new model data center components from China, which may affect Cambridge Technology's North American market. This move aims to protect AI infrastructure, and if the new regulations take effect, optical module products produced in China may struggle to obtain FCC certification, putting pressure on Cambridge Technology's stock price. 2. On August 4, Wu Weiwei increased his holdings in Cambridge Technology by 2.1573 million shares, raising his ownership ratio to 6.48%. This move shows confidence in the company's future development but failed to stop the stock price from falling On August 4th, the optical module industry performed strongly overall, with the successful IPO of Zhongji Xuchuang attracting market attention. Cambridge Technology saw a temporary rise but could not sustain it. The optical module industry has been active recently, with high market attention. ZTE Corporation rose by 0.62%. Based on recent key news: 1. On August 3rd, ZTE Corporation won the procurement project of China Mobile Zhejiang Company, with a winning bid amount of 29.3365 million yuan. This win helps enhance the company's competitiveness in the domestic market and drives up the stock price. 2. On July 29th, JP Morgan increased its holdings in ZTE Corporation by 602,018 shares at a price of HKD 24.6459 per share, totaling approximately HKD 148 million. After the increase, the holding ratio is 6.63%, showing institutional confidence in the company's future development, boosting the stock price. 3. On August 4th, S&P Global Market Intelligence released short-selling data for Hong Kong stocks, showing that ZTE Corporation's short-selling ratio is 15.28%, with a stock price fluctuation of 1.22% over the past 7 days. Despite the high short-selling ratio, the stock price still saw a slight increase, indicating market recognition of the company's fundamentals. The overall short-selling ratio for Hong Kong stocks is 1.31%, with significant market volatility. **Stocks ranked at the top of the industry by market capitalization** Fast Innovation rose by 0.38%. Based on recent key news: 1. On August 5th, Fast Innovation issued a profit warning, expecting a net profit of 437.4 to 464.7 million yuan for the first half of 2026, a year-on-year increase of 60.1% to 70.1%. The company expects revenue to be between 1,749 and 1,777 million yuan, a year-on-year increase of 25% to 27%. This growth is attributed to the continued demand for global AI computing clusters and high-speed data center infrastructure. 2. In July, Fast Innovation completed the acquisition of Shanghai Boda Data Communication, with a transaction amount of 330 million yuan. This acquisition aims to enhance its competitive advantage in the AI computing infrastructure field by integrating Boda's expertise in data communication technology. 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