Movement Alert｜YOFC rises 3.95% in Regular Trading, optical communications rebound supports sentiment repair

Market Focus10-28

On October 28, YOFC rose 3.95% in Regular Trading, trading at HK$107.2, with turnover of HK$190 million.

The move coincided with a rebound in optical communications and computing hardware names after a recent pullback, helping sentiment recover across the sector.

Recent market focus has centered on North American cloud vendors' earnings season and potential changes in capital spending. Earlier concerns over AI investment returns and slower capex growth had weighed on valuations, but as sentiment stabilized, funds rotated back into previously oversold optical communications stocks. In the same sector, CIG rose 4.06%, MEIG rose 2.67%, ZTE rose 2.01%, TRIGIANT rose 2.23%, and ZJ INNOLIGHT rose 1.52%. YOFC is scheduled to hold a board meeting on October 30 to review its unaudited results for the first nine months.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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