港股機器人概念盤初走強，地平線機器人(09660.HK)漲逾8%，美的集團(00300.HK)漲超4%，五一視界(06651.HK)、商湯(00020.HK)等跟漲。

Nomura says recent capex by Han's Laser and Hoshine Silicon indicates accelerating optical-fiber capacity expansion driven by AI data-center buildout. The preform market retains high technical barriers and is currently led by Corning, Fujikura and Yangtze Optical Fibre and Cable, so Nomura expects supply constraints to persist short term, supporting elevated spot prices and helping Yangtze expand margins via greater AI data-center exposure. However, if new entrants successfully develop high-end products (hollow-core and multi-core fiber) and execute planned capacity additions, competition could intensify and pressure margin expansion for incumbent producers. Nomura keeps a BUY on Yangtze Optical Fibre and Cable (06869.HK) with a HK$266 target, based on FY2027 EPS of RMB9.75 and a 23.7x forward P/E.

俄羅斯總統普京：俄羅斯所有受損的能源設施正在迅速恢復，且一切運作均有較大安全餘地。