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FiberHome Telecommunication has won the bid for China Telecom's Wi-Fi 7 FTTR-B centralized procurement project.
Gelonghui, June 11 — According to FiberHome, the results of Bid Package 2 (Wi-Fi 7) under China Telecom's centralized procurement project for its Enhanced Enterprise Converged Gateway products (2026) have recently been officially announced, with FiberHome successfully winning the bid.
The three major A-share indices declined amid volatility, with semiconductors rebounding against the broader trend and non-ferrous metals strengthening; both the Hang Seng Index and Hang Seng Tech Index fell, while tech and internet stocks diverged.
In early trading, optical fiber-related stocks rebounded amid volatility, with FiberHome Telecommunication Technologies hitting the daily trading limit. Previously, Taihe New Materials surged in four out of five trading days, while Tongguang Wire & Cable, Yongding Shares, Jingshi Quartz, and Kingxun Communications followed with gains. MLCC-related stocks strengthened again, with Fenghua Advanced Technology touching the daily limit and Yunsun Technology rising over 10%, both reaching record highs. Torch Electronic, Sanhuan Group, Sinocera Materials, and Jiemei Technology also posted gains.
Express News | Optical fiber-related stocks rebounded with volatility, with FiberHome Telecommunication surging by the daily trading limit.
Express News | Optical fiber stocks continue to strengthen; Hengtong Optic-Electric hits its third trading limit in six days, reaching a new all-time high.
Express News | Optical fiber stocks remained active, with Taichen Optics hitting the 20% daily trading limit.
Express News | Market Wrap: ChiNext Index Plunges Over 3% on Heavy Volume; Robotics Concept Defies Trend with Strong Gains