[Hong Kong Stock Connect] SUNNY OPTICAL (02382) rose nearly 5% in the afternoon, with Institutions expecting the company is on the road to recovery.

King Wu Financial News | SUNNY OPTICAL (02382) surged near noon, fluctuating higher in the afternoon, as of the time of writing, up 4.72%, priced at 70.95 Hong Kong dollars, with a transaction volume of 0.901 billion Hong Kong dollars. IDC Consulting released a research report on the top ten insights into China's Smart Phone market for 2025, pointing out the central government's determination to improve market confidence, promote economic stabilization and recovery, which will stimulate Consumer spending further, and may increase subsidies for Smart Phones, encouraging more consumers to upgrade their devices. The current forecast estimates that the shipment volume in China's Smart Phone market will reach 0.289 billion units by 2025, with an annual growth of 1.6%, while the shipment volume will remain stable in the coming years.

Jinwu Financial News02:17 ET

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Express News | China's Financial Regulator: BYD Auto Finance Company Limited Fined 300,000 Yuan for Inadequate Management of Affiliated Transactions

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Hong Kong stock movement | Jiangsu Lopal Tech (02465) surged over 15% on rumors that BYD is temporarily tendering for lithium iron phosphate, with the supply and demand for lithium iron phosphate gradually improving.

Jiangsu Lopal Tech (02465) surged over 15%, as of the time of writing, it rose 12.24%, priced at 4.95 Hong Kong dollars, with a transaction volume of 49.1371 million Hong Kong dollars.

Zhitong FinanceDec 17 21:50 ET