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HSBC Global Research cuts its price target for Yangtze Optical Fiber & Cable (06869.HK) to HK$276 from HK$277 and kept a Buy rating. The bank said weaker sentiment toward cyclical AI-hardware names prompted lowering the 2027 target P/E from 18x to 15

2026-08-18

HSBC Global Research cuts its price target for Yangtze Optical Fiber & Cable (06869.HK) to HK$276 from HK$277 and kept a Buy rating. The bank said weaker sentiment toward cyclical AI-hardware names prompted lowering the 2027 target P/E from 18x to 15x. HSBC raised its 2026 and 2027 EPS forecasts by 24% and 20.8%, respectively, citing a Q2 profit alert and a larger share of data‑center fibre; 2026 EPS is now RMB11.21.

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2026-08-17

A spokesman for the Iranian Revolutionary Guard said that Trump’s claim that the U.S. held behind-the-scenes negotiations with Revolutionary Guard officials through secret channels regarding the war was “a delusion born of failure.”

A spokesman for the Iranian Revolutionary Guard said that Trump’s claim that the U.S. held behind-the-scenes negotiations with Revolutionary Guard officials through secret channels regarding the war was “a delusion born of failure.”
2026-08-18

China has delivered a domestically developed and built 99,000 cubic meters ultra-large ethane/ethylene carrier to its owner on the 18th. The 230-metre vessel is configured to carry ethane, ethylene and liquefied petroleum gas (LPG); its technical spe

China has delivered a domestically developed and built 99,000 cubic meters ultra-large ethane/ethylene carrier to its owner on the 18th. The 230-metre vessel is configured to carry ethane, ethylene and liquefied petroleum gas (LPG); its technical specifications meet international-leading standards. Designed for long-haul voyages, the ship features lower fuel consumption and maintenance costs and is positioned as an economical, environmentally friendly transport solution for liquefied industrial and energy gases.
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