🟢 Yangtze Optical Fibre And Cable is trading 11% up today after Daiwa's Buy initiation

Yangtze Optical Fibre And Cable is trading at $146.70, up 10.97% now, following Daiwa’s Buy initiation and HK$152 target price.

• The move followed a strong August 17, 2026 session, while optimism from the earlier profit alert continued supporting demand.
• The alert projected a 711–914% increase in first-half 2026 net profit, reinforcing the bullish earnings narrative; early-morning turnover was HK$597 million across 4.37 million shares.
• The move appeared company-specific rather than broad-market driven.