Over the past year, the surge in AI computing power has not only driven overseas tech stocks like NVIDIA, Broadcom, and Marvell to new highs, but has also reignited capital market interest in the optical communications sector.
According to Gate’s Hong Kong stock market data, Yangtze Optical Fibre and Cable (06869.HK) hit an intraday high of HKD 282 on June 22, 2026. Looking at a one-year timeframe, the stock price has surged more than tenfold from its 2025 low, making it one of the top-performing AI infrastructure stocks in the Hong Kong market over the past year.
Contrary to traditional market assumptions, this rally isn’t driven by telecom operator capital expenditures, but rather by explosive demand from global AI data center construction. As fiber prices enter a multi-year uptrend and industry profit expectations continue to improve, the market is reassessing the long-term value of the entire optical communications sector.
Why Has Yangtze Optical Fibre Become a Market Focus in Hong Kong Over the Past Year?
Gate’s Hong Kong stock market data shows that Yangtze Optical Fibre and Cable reached an intraday high of HKD 282 on June 22, 2026. From its 2025 low, the stock has climbed over tenfold, ranking among the strongest performers in the Hong Kong market over the past year.
While a one-week rally can catch attention, sustained long-term strength better reflects how capital is betting on industry trends. In 2025, Yangtze Optical Fibre’s stock price was still fluctuating at low levels, but as 2026 began, it entered a phase of accelerated growth.
With the AI sector emerging as one of the world’s most important investment themes, investors are reevaluating the value of traditional optical communications companies. Once seen as cyclical players, fiber and cable manufacturers are now being valued under new frameworks.
Market performance shows that Yangtze Optical Fibre is no longer just a beneficiary of telecom operator buildouts, but is increasingly being classified as an AI infrastructure stock. This shift explains why investors are closely watching its future earnings and overall industry outlook.
How AI Computing Power Is Transforming the Optical Communications Industry
For more than a decade, growth in the optical communications sector has mainly depended on telecom network construction and broadband upgrades. As a result, industry growth has been steady but unspectacular, and valuations have remained limited.
The rise of AI has changed this dynamic. Tech giants like OpenAI, Microsoft, Meta, Amazon, and Google are ramping up data center capital expenditures. Large-scale GPU clusters require high-speed network interconnections, making high-speed optical communications more critical than ever.
Compared to traditional data centers, AI data centers demand significantly higher network bandwidth and transmission speeds, driving up demand for optical modules, fiber, and high-speed interconnect products. As AI training clusters grow larger, the importance of optical communications infrastructure continues to rise.
This shift is prompting the market to redefine the entire sector. Fiber companies, once part of the traditional communications segment, are now increasingly seen as integral to the AI infrastructure supply chain.
Why Rising Fiber Prices Are Ushering in a New Cycle for the Industry
Beyond demand growth, changes on the supply side are also propelling the industry into a new upcycle. After several years of depressed prices, the fiber industry is finally seeing both volume and price increases.
As AI data center construction accelerates, demand for high-quality fiber is rising sharply. However, the expansion cycle for fiber preforms is lengthy, meaning supply cannot quickly catch up with demand. This supply-demand imbalance is pushing global fiber prices into a multi-year uptrend.
For industry leaders, price increases mean more than just higher revenue—they unlock significant profit leverage. As a result, the market is reassessing Yangtze Optical Fibre’s profit potential in the coming years.
Historically, the biggest changes in cyclical industries stem from improved supply-demand dynamics. The AI-driven demand boom could make this upcycle last much longer than previous ones.
Why Morgan Stanley Sharply Raised Its Earnings Forecast for Yangtze Optical Fibre
This year, several international institutions have renewed their focus on the optical communications sector. Notably, Morgan Stanley has significantly raised its earnings forecasts for Yangtze Optical Fibre over the next two years and increased its target price.
Institutions broadly believe that demand growth from AI data center construction, combined with profit improvements from rising fiber prices, will drive the industry into a new growth phase. As a result, market expectations for corporate earnings have shifted markedly.
At the same time, overseas optical communications stocks are also rallying. Companies like Marvell and Coherent have seen their shares climb, and Jensen Huang has repeatedly highlighted the importance of high-speed interconnects for AI clusters.
Global attention on AI infrastructure is fueling investor demand for exposure to the optical communications sector, prompting renewed interest in Yangtze Optical Fibre and similar companies in the Hong Kong market.
Is Yangtze Optical Fibre’s Rally Driven by Hype or Fundamentals?
In the early stages of the rally, the AI theme was undoubtedly a key driver of the stock’s strength. Investors initially traded on the narrative of computing power and the AI infrastructure concept.
However, as industry fundamentals continue to improve, capital is shifting focus from thematic speculation to actual earnings delivery. More investors are now watching fiber prices, order volumes, and future profit growth potential.
If capital expenditures for AI data centers continue to rise and the industry’s supply-demand balance remains healthy, Yangtze Optical Fibre’s earnings could keep improving. Therefore, this rally is not just a short-term sentiment play—it’s underpinned by both improved industry fundamentals and expectations for earnings growth.
How Crypto Users Can Trade Yangtze Optical Fibre Shares on Gate’s Hong Kong Stock Section
As AI computing power becomes a market hotspot, more crypto users are turning their attention to the Hong Kong stock market. Instead of only allocating to BTC and ETH, investors are increasingly interested in both AI tech stocks and traditional financial assets.
Currently, Gate’s Hong Kong stock section covers more than 1,000 Hong Kong-listed assets, including tech companies like Yangtze Optical Fibre and Cable (06869.HK). Users can manage assets across different markets through a unified account, boosting capital efficiency.
Beyond Hong Kong stocks, Gate continues to expand its offerings to include US stocks, ETFs, stock CFDs, and other TradFi products. The line between digital assets and traditional finance is blurring, and multi-asset allocation is becoming the new norm.
For long-term digital asset holders, the AI supply chain is no longer confined to the crypto market—it now extends to Hong Kong stocks, US stocks, and global capital markets.
Conclusion
Yangtze Optical Fibre’s strong performance over the past year highlights how AI computing power is fundamentally reshaping the optical communications industry. As global tech giants ramp up data center investments, demand for high-speed interconnects and fiber is rising in tandem, ushering in a rare period of high industry prosperity.
From global fiber price increases and sharply upgraded earnings forecasts by institutions to the continued strength of international optical communications stocks, the market’s perception of Yangtze Optical Fibre is evolving. Once viewed as a traditional communications company, it is now being recognized as a key player in the AI infrastructure supply chain.
For investors, this rally reflects both a revaluation driven by the AI theme and improvements in industry supply-demand dynamics and profitability. As AI infrastructure construction advances, the optical communications sector is likely to remain a compelling area for ongoing attention.
At the same time, more crypto users are exploring the Hong Kong and US stock markets. Through Gate’s Hong Kong stock section, users can access AI infrastructure stocks like Yangtze Optical Fibre and achieve diversified allocations across digital and traditional financial assets within a unified account system.
FAQ
Why has Yangtze Optical Fibre’s stock surged?
Yangtze Optical Fibre’s share price has soared mainly due to accelerated AI data center construction, a global uptrend in fiber prices, and improved market expectations for future profitability.
Is Yangtze Optical Fibre considered an AI concept stock?
Yangtze Optical Fibre is now widely seen as a key beneficiary in the AI infrastructure supply chain. Growing demand for high-speed interconnects and fiber is shifting its role from a traditional communications company to a major player in AI computing infrastructure.
What other sectors benefit from the AI infrastructure supply chain?
The AI infrastructure supply chain benefits not only fiber and cable, but also GPU chips, optical modules, high-speed interconnects, liquid cooling systems, data center equipment, and power infrastructure—all of which are attracting sustained market interest.
Can crypto users trade Yangtze Optical Fibre shares on Gate?
Crypto users can trade Yangtze Optical Fibre and Cable (06869.HK) through Gate’s Hong Kong stock section. In addition to Hong Kong-listed assets, users can also manage digital assets, US stocks, and other TradFi products within a unified account, enabling richer global asset allocation.
Can Yangtze Optical Fibre’s rally continue?
The future trajectory of Yangtze Optical Fibre will depend on the pace of AI data center construction, changes in fiber prices, and the industry’s supply-demand balance. As market focus shifts from concept to actual earnings delivery, the company’s profitability will be a key support for future valuations.
