Changes in Hong Kong stocks | The optical communication concept bucked the market and Changfei Optical Cable (06869) rose more than 6%, Huiju Technology (01729) rose more than 5%

The Zhitong Finance App learned that the optical communication concept was rising against the market. As of press release, Changfei Optical Fiber Cable (06869) rose 5.7 to HK$37.08; Huiju Technology (01729) rose 5.69% to HK$16.71; Cambridge Technology (06166) rose 5.68% to HK$86.5; and Hongteng Fine (06088) rose 3.33% to HK$5.28.

According to the news, the subscription for Youxun shares began today. The issue price is 51.66 yuan/share, and the subscription limit is 0.45 million per share. According to reports, Youxun Co., Ltd. is a “national manufacturing single champion enterprise” in the domestic optical communication field, focusing on R&D, design, and sales of optical communication front-end transceiver and power generation chips.

Changjiang Securities released a research report saying that global demand for AI computing power is bursting, cloud business financial reports are impressive, cloud orders are rapidly accumulating, capital expenditure has been raised again, investment has increased significantly; and delivery of computing power cards is speeding up. Demand for data center connectivity continues to rise, optical chip production capacity is at full capacity, high-speed optical modules are in short supply, and production expansion is being implemented at an accelerated pace. Expansion of supporting equipment such as optical fiber optic cables, high-speed cables and liquid cooling. The main line of AI and computing power is rising strongly.