Yangtze Optical Fibre and Cable Co., Ltd. rises more than 9% in morning trading; Optical fibre and cable industry prices surge significantly

SadMoneyMeow · 2026-03-24T09:05:15+00:00

Changhui Fiber Optic Cable's stock price rose more than 12% this morning, up 9.39% as of press time. Recently, China Telecom Heilongjiang Branch released a procurement tender for optical cables, with unit prices significantly increased, reflecting widespread price increases in the industry and indicating tight supply of fiber optic cables in the market.

SadMoneyMeow

2026-03-24 09:05:15

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FiberHome Optical Cable (06869) surged over 12% this morning. As of the latest update, the stock price increased by 9.39% to HKD 159.60, with a trading volume of HKD 2.528 billion.

According to C114 Communications Network, recently, China Telecom Group Heilongjiang Telecom Branch announced a tender for emergency outdoor fiber optic cable procurement in 2026. The maximum bid price for the “Optical Cable-GYTA-Single Mode G.652D-24 Core” cable in this project is 3,737.43 RMB per kilometer. Industry insiders estimate that the unit price of G.652D fiber has already surpassed 100 RMB per core kilometer. Previously, in January, Guangdong Telecom set a maximum bid price of 1,245 RMB per kilometer for the same type of cable in centralized procurement. After the initial failure, procurement was restarted in March with bids rising to 2,500 RMB per kilometer, an increase of over 100%.

Galaxy Securities previously pointed out that demand in the fiber optic cable industry has grown significantly, leading to substantial price hikes. Repeated bid failures and increased bidding prices among operators indicate a broad market trend of rising fiber optic cable prices. Since this tender is for emergency procurement and tends to be short-term, combined with previous suspensions due to project changes, it suggests that fiber optic cable shortages are becoming quite common.

(Edited by: He Chong)

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