Suzhou TFC Optical Communication stock jumps 11% on AI optics rally — what matters before Monday
Suzhou TFC Optical shares surged 10.9% to close at 248.43 yuan in Shenzhen Friday, hitting a record intraday high amid strong profit forecasts from sector rivals. The rally comes as China’s official factory PMI fell to 49.3 in January, signaling contraction. Mainland markets will be closed Sunday. Traders await a private PMI reading Monday to gauge if momentum continues.