No Data
Cowell E Holdings Inc.'s (HKG:1415) Stock Been Rising: Are Strong Financials Guiding The Market?
Apple Supplier stocks generally declined, COWELL (01415) fell by 4.03%. In the fourth quarter of last year, Apple's sales in China decreased by 18%.
Jingu Finance News | Apple Supplier stocks fell overall, COWELL (01415) down 4.03%, SUNNY OPTICAL (02382) down 3.77%, AAC TECH (02018) down 3.38%, Q TECH (01478) down 2.86%. According to market research institutions Counterpoint Research, in the fourth quarter of 2024, sales of Smart Phones of USA's Apple in China fell by 18%, lagging behind local brands Huawei and Xiaomi. Among them, Huawei's phone sales increased by 15.5%. The popularity of Apple phones in China is declining.
Consumer Electronics stocks rose broadly, SUNNY OPTICAL (02382) increased by 4.30%. The new subsidies for digital product purchases have been implemented, and Institutions indicated that the subsidies are a short-term positive catalyst.
Jingu Financial News | Consumer Electronics stocks are rising across the board. As of the time of writing, SUNNY OPTICAL (02382) is up 4.30%, BYD Electronics (00285) is up 3.02%, Q TECH (01478) is up 2.22%, COWELL (01415) is up 2.06%, and AAC TECH (02018) is up 1.67%. In terms of news, Morgan Stanley published a research report stating that mainland phone subsidies will begin on January 20, providing a 15% subsidy for mobile phones, tablets, and smartwatches priced under 6,000 yuan, with a cap of 500 yuan. However, consumers
Market movements | The entire Industry Chain of mobile phones is seeing a rise, with Sunny Optical surging over 4%. From today, new subsidies for purchasing digital products will be gradually implemented in various regions.
Starting from January 20th, new Consumer Electronics subsidy programs will be gradually implemented across the country. Morgan Stanley stated that it reaffirms that subsidies will become a short-term positive catalyst for Smart Phone OEMs and the supply chain.
【Shanghai-Hong Kong Stock Connect】 COWELL (01415) fell by 5.5%, and Apple’s market share in China dropped to third last year.
Kingwo Finance | COWELL (01415) saw its stock price fluctuate downwards in the early trading session, reported at HK$26.65, down 5.5%, with a trading volume of HK$22.9819 million. According to Canalys data, in 2024, the total shipment volume of the Smart Phone market in mainland China is expected to reach 0.285 billion units, marking a smooth recovery after two years of decline, with a mild year-on-year growth of 4%. Vivo leads the market with a 17% share, with a shipment volume of 49.3 million units. Huawei ranks second, with a remarkable shipment of 46 million units and a year-on-year growth of 37%. Apple, OPPO, and Honor follow closely behind, ranking third respectively.
Is the Global Smart Phone market recovering, signaling the arrival of 'spring' for domestic Consumer Electronics stocks?
① What is the sales data trend for the Global Smart Phone market in the fourth quarter of 2024? ② In the domestic Smart Phone market, what impact has the trade-in strategy had on sales?
