Analysis of Changfei Fiber Optic Cable's Popularity: Suspected Error in Original Hong Kong Stock Code

1. Explanation of Code Differences
   : The Hong Kong stock code 06869.HK mentioned by the user has no valid data available temporarily, suspected of input error; the actual code with complete data is A-share 601869.SS (Changfei Fiber Optic Cable) [0].
2. Stock Price Performance
   : The stock has surged 338.08% year-to-date (YTD), with a 226.38% increase in the past 6 months, far outperforming the market [0]. It closed up 4.40% to 130.50 yuan on December 24, 2025, and corrected 3.60% to 124.34 yuan on December 25, showing short-term volatile trends [0].
3. Financial Report Performance
   : The latest financial report (2025-10-30) shows revenue of 3.89 billion yuan, exceeding expectations by 9.53%; however, EPS of 0.23 yuan missed expectations by 33.69%, reflecting a divergence between revenue growth and profit growth [0].
4. Technical & Volume Analysis
   : Short-term support level is 100.12 yuan, resistance level is 128.04 yuan; the KDJ indicator has issued an overbought warning, and MACD shows a short-term bullish trend but needs to be alert to correction risks [0]. In terms of volume, the trading volume on December 25 was 9.44 million shares, lower than the average volume of 15.89 million shares, indicating that selling pressure eased during the correction [0].
5. Driving Factors
   : Market expectations for long-term demand in the fiber optic cable industry (such as 5G network expansion and data center construction) may be the main driving factor for the stock price rise [0].

1. Market Sentiment Differentiation
   : Long-term surges have attracted widespread market attention, but high valuation (PE 164x) and short-term correction pressure have led to divergent investor sentiment [0].
2. Divergence Between Revenue & Profit Growth
   : Although revenue exceeded expectations, EPS missed expectations. If profit growth continues to lag behind revenue, it may shake the fundamental support for the stock price rise [0].
3. Contradiction Between Long-term Industry Demand & Short-term Valuation Bubble
   : Long-term industry demand expectations have driven the stock price up, but the current PE is far higher than the industry average, and the risk of valuation bubble is significant [0].

• High Valuation Risk: PE reaches 164x, far higher than the industry average, with the risk of valuation bubble bursting [0].
• Profit Growth Slowdown Risk: The latest EPS missed expectations; if profit growth continues to lag behind revenue, it may affect the sustainability of the stock price [0].
• Short-term Technical Correction Risk: KDJ indicator is overbought, increasing the probability of short-term correction [0].

• Long-term Industry Demand: There is still room for growth in demand for fiber optic cables from 5G network expansion and data center construction [0].

This report focuses on the popularity analysis of Changfei Fiber Optic Cable. Due to the suspected input error in the Hong Kong stock code 06869.HK, the analysis is actually based on data from A-share code 601869.SS. The stock has surged 338.08% YTD, driven by factors such as long-term industry demand expectations, but faces risks such as high valuation, earnings growth below expectations, and overbought technical indicators. Investors should pay attention to price changes at the support level of 100.12 yuan and resistance level of 128.04 yuan, and make cautious decisions based on their own risk tolerance.