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Hong Kong stocks fluctuate: the performance of Apple suppliers is weak, and Sunny Optical Technology Group (02382) fell by 3%. Guo Mingchi predicts that there will be no significant change in iPhone 16 orders.
Apple suppliers have performed poorly. As of press time, Sunny Optical (02382) fell 3.12%, reporting HKD 48.1; Tongda Group (00698) fell 2.35%, reporting HKD 0.083.
Tongda Group Schedules Key Financial Board Meeting
Tongda Group (00698.HK) held a board of directors meeting on August 28 to approve and announce its interim results.
Tongda Group (00698.HK) announced on July 17th that the board of directors meeting will be held on Wednesday, August 28, 2024, to approve and publish the unaudited interim performance of the company and its subsidiaries for the six months ended June 30, 2024, and to consider paying interim dividends (if any).
TONGDA GROUP: DATE OF BOARD MEETING
Northeast Securities: Foreign capital dominates the main market of electronic measuring instruments. There is hope for accelerating the localization of technology.
In recent years, the technological strength of domestic enterprises has been continuously improved. Coupled with frequent government support policies, domestic manufacturers' market share is expected to steadily increase. The booming development of industries such as 5G, internet of things, new infrastructure, and consumer electronics will bring stable demand growth for electronic measuring instruments.
Apple suppliers are under pressure, with FIH (02038) falling 4.08%. The EU's Digital Market Act has officially taken effect.
Jingu Finance | Apple concept stocks are collectively under pressure, Fih Mobile Ltd. (02038) down 4.08%, Sunny Optical Technology (02382) down 4.08%, Q-Tech Corporation (01478) down 3.67%, Tongda Group (00698) down 3.19%, Cowell e Holdings Inc. (01415) down 2.92%, BYD Electronic International Company Limited (00285) down 2.28%. On the news front, on June 18th, the European Commission's Vice President in charge of competition policy, Vestager, warned that with the formal implementation of the EU's Digital Markets Act (DMA), Apple may face some challenges under the new rules.
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