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Fiber optic concept stocks rise again, Far Sheng hits the daily limit
Fiber-optic concept stocks surged again. Falsheng touched the daily limit. Fiberhome Technology rose more than 8%. Fiberhome Telecommunications and Changfei Optical Fiber, as well as FiberHome Communications, all moved higher. On the news front, driven by explosive growth in demand from data centers and drones, fiber-optic prices have seen a historic increase—G.652.D single-mode fiber prices jumped from 18 yuan per kilometer before New Year’s Day to the current 85~120 yuan per kilometer, an increase of nearly 650%; high-end specialty fibers such as G.657.A2, G.654.E, etc. saw even more significant gains.