Yangtze Optical Fibre And Cable is trading 15.1% up at HK$105.90 as bargain hunting and short-covering trigger a rebound following a steep multi-day decline.

  • The stock recently fell roughly 35% from levels above HK$140, a slide attributed to profit-taking and cooling sentiment regarding AI-driven fibre demand.
  • The recovery comes as investors debate whether the AI-fibre boom is already priced in, prompting a technical bounce despite a lack of fresh fundamental news.