Yangtze Optical Fibre And Cable is trading at HK$129.00, down 8.64%, as optical-communications shares face pressure amid concerns that rising financing costs could constrain AI expansion and hyperscalers’ spending.
- Intel and Broadcom executives raised those concerns, and U.S. optical-communications stocks sold off.
- Hotter-than-expected U.S. inflation heightened rate concerns, adding pressure to growth stocks. Available reporting points to sector and macro headwinds, not a new company-specific announcement explaining the decline.