On the afternoon of December 10, the CPO sector bottomed out and rebounded, and Changfei Optical Fiber rose and stopped at 98.43 yuan/share. Before the market on December 10, Changfei Optical announced that it plans to raise about HK$2,229 billion through placement of 70 million new H shares at an placement price of HK$32.26 billion per share. The capital will be used to develop overseas business and supplement working capital.

On the afternoon of December 10, the CPO sector bottomed out and rebounded, and Changfei Optical Fiber rose and stopped at 98.43 yuan/share. Before the market on December 10, Changfei Optical announced that it plans to raise about HK$2,229 billion through placement of 70 million new H shares at an placement price of HK$32.26 billion per share. The capital will be used to develop overseas business and supplement working capital.