Hong Kong Stock Movement

ZTE Corporation rose by 10.57%. Based on recent news,

1. On July 22, at the 2026 World Artificial Intelligence Conference, ZTE Corporation showcased its latest full-stack AI layout, covering AI infrastructure, AI industry applications, AI smart homes, and AI intelligent mobile phones across all dimensions. This move demonstrated the company's comprehensive progress in the AI field, boosting market confidence and driving up the stock price.

2. On July 21, ZTE Corporation announced the completion of its share repurchase, having repurchased approximately 28.659 million A shares, with a total payment of about 1 billion RMB. This action reflects the company's confidence in its own value, uplifting investor sentiment and pushing the stock price higher.

3. On July 21, BlackRock increased its holding in ZTE Corporation from 6.6% to 7.77%. This increase indicates institutional investors' optimism about ZTE Corporation's future development, further driving up the stock price. The prospects for AI technology and the liquid cooling market are broad, with high industry prosperity.

Stocks with High Trading Volume in the Industry

Yangtze Optical Fibre and Cable fell by 1.41%. Based on recent key news:

1. On July 21, Yangtze Optical Fibre and Cable's stock price dropped by over 10%, mainly due to a significant increase in optical fibre prices and industry supply-demand gaps prompting companies to expand production plans. The rise in optical fibre prices has raised market concerns about supply risks, affecting stock performance. Source: Zhitong Finance

2. On July 21, the president of Yangtze Optical Fibre predicted at the World Artificial Intelligence Conference that future demand for polarization-maintaining optical fibres would grow significantly, pushing the industry into a rapid growth cycle. The rapid growth of AI computing power drives communication network upgrades, increasing the demand for optical fibres. Source: Viewpoint Network

3. On July 20, the AI computing power industry chain welcomed multiple catalysts, with the release of DeepSeek V4 and Kimi computing power running out verifying the shortage of inference computing power, while the performance of leading optical module companies continues to validate the high prosperity of computing hardware, affecting optical fibre demand. Source: Global Network The demand in the optical fibre industry is strong, leading to a wave of production expansion.

Cambridge Technology rose by 3.05%, with a trading volume of HKD 559 million, with 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.

Guanghetong rose by 7.92%, with a trading volume of HKD 39.18 million, with 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

Fast Innovation rose by 3.75%. Based on recent key news:

1. On July 22, Fast Innovation released a profit warning, expecting a year-on-year net profit growth of 60.1% to 70.1% in the first half of the year, with revenue growth of 25% to 27%. The demand for global AI computing clusters and high-speed data center construction is driving the prosperity of the enterprise-level high-speed network infrastructure industry, leading to an increase in stock prices. Source: Zhitong Finance

2. On July 22, the rapidly innovating high value-added solutions market has strong demand, with an expected revenue growth rate of approximately 45.4%, significantly higher than the overall revenue growth rate of the group, continuously driving the overall revenue scale upward. Source: Economic Information Daily

3. On July 21, the rapid innovation in business structure optimization and the release of scale effects dilute the fixed costs corresponding to unit revenue, broaden profit margins, and further drive stock price increases. Source: Zhitong Finance AI industry demand is strong, driving stock price increases