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Hong Kong stocks fluctuated | Apple Supplier stocks fell widely today, Sunny Optical (02382) dropped over 5%, and Apple announced a maximum price reduction of 800 yuan.
Apple Suppliers stocks fell broadly today. As of the time of writing, Sunny Optical (02382) dropped by 5.37% to HKD 65.15; BYD Electronics (00285) fell by 5.11% to HKD 39.9; FIH (02038) decreased by 4.35% to HKD 0.88.
China Nonferrous Metals Industry Association: In November, domestic lithium carbonate prices saw a slight rebound.
The trade-in policy has been strengthened, and the production and sales of Batteries and Electric Vehicles continue to show rapid growth.
Lithium-Battery Prices Poised for Modest Rise Next Year -- Market Talk
Stock Picks (Hong Kong): Li Auto And BYD Electronic
Hong Kong stocks movement | BYD Electronics (00285) rises over 4% again as the company's New energy Fund continues to grow and is fully deploying in the AI business field.
BYD Electronics (00285) has risen over 4% again, and as of the time of this report, it increased by 3.83%, reaching HKD 43.35, with a transaction amount of HKD 0.706 billion.
GGII: This year, China has planned an investment of approximately 496 billion yuan in Lithium Battery and its main materials, Sodium Battery and its Anode and Cathode Materials, and Solid State Battery.
According to the incomplete statistics from the Gao Gong Industry Research Institute (GGII), the planned investment for 2024 in China for Lithium Battery and main materials, Sodium Battery and anode and cathode materials, and Solid State Battery is approximately 496 billion yuan, a year-on-year decrease of 64%.
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