Yangtze Optical Fibre And Cable is trading at HK$127.70, up 4.50%, with no clearly reported August 12 catalyst directly explaining the move.

  • Daiwa initiated coverage on August 11 with a Buy rating and HK$152 target, citing the optical-fiber upcycle and AI-related optical-interconnection growth.
  • The sharp gain follows recent volatility after the earlier profit-alert rally.