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Jefferies Adjusts Cowell EHoldings' Price Target to HK$35 From HK$31, Keeps at Buy
Hong Kong stocks movement | BYD Electronic (00285) rises over 9% leading the apple supplier stocks as apple announces an expansion of retail trade in Saudi Arabia.
Apple supplier stocks strengthened during the session. As of the news release, BYD Electronics (00285) rose by 9.67%, trading at 43.1 Hong Kong dollars; sunny optical (02382) increased by 4.29%, trading at 65.6 Hong Kong dollars; q tech (01478) increased by 4.23%, trading at 6.4 Hong Kong dollars; cowell (01415) rose by 2.73%, trading at 28.25 Hong Kong dollars; aac tech (02018) increased by 1.76%, trading at 37.55 Hong Kong dollars.
Returns Are Gaining Momentum At Cowell E Holdings (HKG:1415)
Hong Kong stock concept tracking | Orders increased by 30% to 17 million units! The Huawei Mate 70 series is "soaring" as consumer electronics sound the horn of recovery (with related stocks included).
According to the news from Wall Street Journal, Huawei's Mate 70 series has increased orders by 30%, with the total stockpiling quantity raised to 17 million units.
Hong Kong stocks abnormal | Apple supplier stocks rose, q tech (01478) surged over 9%. Institutions bullish on the positive pull of the industry chain in the first quarter of next year.
Apple supplier stocks are rising. As of the time of this report, q tech (01478) is up 9.18%, trading at 6.66 HKD; byd electronics (00285) is up 5.05%, trading at 39.5 HKD; aac tech (02018) is up 3.51%, trading at 38.35 HKD.
The apple supplier concept has shown some gains, with BYD Electronics (00285) up 3.59%. Institutions indicate that the revenue of the apple supplier companies is expected to grow significantly in the first quarter of next year.
Jingu Finance | Some apple suppliers rose, BYD Electronics (00285) increased by 3.59%, q tech (01478) rose by 2.62%, cowell (01415) increased by 1.27%, vstecs (00856) rose by 1.17%, aac tech (02018) followed with an increase of 0.4%. Nomura believes that due to the long design cycle of apple products (usually at least 1.5-2 years), the iPhone 16 series launched this year has not fully adapted hardware to AI applications, and the iPhone 17 series in the second half of next year may be the first truly apple product.
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