China optical stocks rally as Microsoft challenges proposed U.S. import curbs

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Investing.com -- Chinese optical communications stocks rallied on Wednesday, with several Hong Kong and mainland listings reaching their highest levels since early November, as investors weighed the implications of a potential U.S. restriction on Chinese data-centre equipment and Microsoft's push to have the proposal dropped. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 10% at checkout. Subscribe today! » Yangtze Optical Fibre and Cable's Hong Kong-listed shares climbed 7.1%, while its mainland shares gained 6.6%, with both reaching their highest levels since November 4.