UBS released a research report stating that it reaffirmed the “buy” rating of Changfei Optical Fiber Cable, but due to the general decline in global AI stock valuations and weak investor sentiment, the target price-earnings ratio ratio was lowered by 45.5% to HK$180 from HK$330 to HK$180, and the target price for A-shares was RMB 290 due to lower the target price of the target price-earnings ratio and fine-tuning profit forecasts.

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