On October 14, YOFC fell 3.05% in regular trading, with shares trading at HK$145.9 and turnover of HK$1.15 billion.
The move was linked to continued market digestion of rumors around potential US FCC restrictions on China-made optical modules, while BlackRock recently disclosed that its H-share stake in the company had fallen to 5.72%, adding pressure to sentiment.
Background reports show YOFC had already declined alongside Hong Kong optical communications names on October 13 as the policy overhang persisted. BlackRock’s disclosed holding ratio in YOFC H shares dropped further from 6.18% at the end of September to 5.72%. As a supplier of optical fiber preforms, optical fiber, optical cable and optical devices and modules, YOFC remains exposed to short-term sentiment swings tied to overseas policy uncertainty and sector-wide valuation pressure.
(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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