🔴 Yangtze Optical Fibre And Cable is trading 4.25% down amid uncertainty over cloud-provider spending

Yangtze Optical Fibre And Cable is trading 4.25% lower at HK$106.00, amid sector-wide pressure and uncertainty over cloud-provider spending.

• October 23 price context shows a further decline after the October 22 close of HK$110.70.
• October 22 coverage reported optical-communications shares falling together, with several peers also down, as investors focused on North American cloud providers’ spending during earnings season.