On September 9, YOFC rose 9.75% in regular trading, trading at HK$192.0/share, with turnover of HK$597 million, extending its recent strong momentum following consecutive gains in prior sessions.

The rally was primarily driven by a sustained surge across the optical communications sector, catalyzed by a latest Goldman Sachs report that significantly raised its global optical module shipment expectations. Specifically, shipment forecasts for 1.6T and above products were revised upward by 29% to 50%. The bullish sentiment was further reinforced by overnight strength in US-listed peers, with Marvell Technology rising over 7% and Corning gaining more than 5%. Goldman Sachs slightly raised its target price for YOFC to HK$292, projecting sequential revenue growth driven by higher fiber project pricing and a product mix shift toward higher-ASP AI data center products.

Fundamentally, YOFC reported H1 revenue of approximately RMB 9.81 billion, up 53.6% year-on-year, with net profit attributable to shareholders surging 889% to RMB 2.925 billion. Southbound capital had accumulated positions for seven consecutive days prior to the move, signaling strong mainland investor appetite for the stock on pullbacks.

(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.)