On August 28, YOFC fell 3.39% in regular trading, with shares trading at HK$174.9 and turnover of HK$1.462 billion, pulling back after a multi-day rally that saw the stock surge over 30% in one week.

On the news front, BlackRock disclosed on August 27 that it reduced its long position in YOFC H-shares from 7.87% to 6.83%, a decrease of 1.04 percentage points, while also lowering its short position from 0.04% to 0.03%. This marks a continued reduction from the 7.35% stake reported on August 19, signaling institutional profit-taking following the stock's sharp appreciation.

The pullback comes after YOFC reported blockbuster interim results on August 21 showing net profit growth of 889% year-over-year to RMB 2.925 billion on revenue of RMB 9.809 billion, driven by fiber price increases and surging AI data center infrastructure demand. The company also announced a mid-term dividend of RMB 1.06 per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)