Jinwu Financial News | The Apple concept was generally boosted. Rongyang Industrial (02078) rose 13.64%, BYD Electronics (00285) rose 6.29%, Tongda Group (00698) rose 4.9%, and Qiu Ti Technology (01478), Ruisheng Technology (02018), and Shunyu Optical Technology (02382) rose more than 2%.
Guo Mingyi, an analyst at Tianfeng Securities, wrote that there was almost no change in the iPhone 16 series assembly order, and the supplier was required to continue to produce the two Pro series without taking a break during the 11 long vacation period, which means that demand for the two Pro models has generally met expectations; orders for some components were slightly cut after mid-November (mainly the 16 Standard Edition and 16 Plus), but the margin was less than 3-5%, which is basically negligible. The next observation focuses on the impact of Apple Intelligence on US market demand/shipments after it went live in late October.
