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Optical fiber concept stocks rose at market open, Yangtze Optical Fiber and Cable touched the daily limit up.
Fiber optic concept stocks rose at the market open, with Long Fiber Optical reaching the daily limit. FiberHome Technologies hit a new high during trading, and Tianyi Shares increased by over 10%. Changxin Bochuang, Zhongtian Technology, FiberHome Communications, Hengtong Optoelectronics, and Changjiang Communications also gained. According to reports, the most widely used G.652.D single-mode fiber in the communication and computing fields has some manufacturers quoting prices exceeding 50 yuan per kilometer per core. The market average price remains above 40 yuan, with some quotes reaching as high as 50 yuan per kilometer per core, marking a new seven-year high.