Apple supplier stocks are under pressure. AAC Technologies (02018) fell by 4.57%. It is rumored that Apple has requested the factory to reduce manpower on iPhone assembly lines in order to achieve automation production goals.

Most of the Apple supplier stocks fell, with AAC Tech (02018) down 4.57%, FIH (02038) down 3.3%, Sunny Optical (02382) down 2.54%, Q Tech (01478) down 1.44%, and BYD Electronic (00285) down 1.43%. According to reports, Apple has reportedly asked its assembly partners to reduce the manpower on iPhone assembly lines by 50% in the next few years as part of its efforts to increase automation production.

金吾財訊Jun 25 01:23 ET

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.

金吾財訊Jun 20 21:42 ET

HK stocks fluctuate | Apple supplier shares fall, EU Digital Market Act comes into effect, Apple may face a daily fine of up to $50 million.

Today, the Apple supplier concept stocks that have been rising for multiple days generally fell. As of press time, Sunny Optical Technology (02382) fell by 3.39% to HKD 49.9, and fih (02038) fell by 3.16% to HKD 0.92.

Zhitong FinanceJun 18 23:01 ET

[Special Guest] Deng Shengxing: Hong Kong stocks are in a stalemate, struggling to break the 18,000-point level.

Kingston Financial News | Hang Seng Index closed at 17936 on Monday (17th), down slightly by 5 points or 0.03%. Total turnover for the day was HKD 96.3 billion. HSI's China Enterprise Index fell 0.02% to 6373, while the Hang Seng Technology Index rose slightly by 0.05% to end at 3709. Energy stocks performed weakly, with PetroChina (00857) falling by 1.7%, and CNOOC (00883) falling by 0.9%. New World Development (02688) suffered a significant drop of 3.5%, which dragged down the blue-chip stocks. Mainland real estate stocks, on the other hand, took a hit as the price decline in 70 cities in China expanded in May. China Overseas (00688) fell by 1.5%, while China Vanke (02202) plunged by 4.2%.

金吾財訊Jun 17 21:08 ET

Hong Kong stock market anomalous | General rise in the mobile phone industry chain, AI empowerment stimulates demand for replacement. The supply chain is expected to see new opportunities.

Mobile phone industry chain is on the rise. As of press time, Sunny Optical Technology (02382) rose 3.51% to HKD 48.7; Tongda Group (00698) rose 3.26% to HKD 0.095; Q-Tech (01478) rose 3.2% to HKD 4.19.

Zhitong FinanceJun 14 02:40 ET

Q Tech (01478) rose more than 4% in the Hong Kong stock market, with Citigroup pointing out that its camera module shipments in May were higher than expected.

Jingu Financial News | Q Tech (01478) bottomed out and rebounded in early trading. As of press release, it reported HKD 4.24, up 4.43%, with a turnover of HKD 23.78 million. On the news front, Citigroup said the company's camera module (CCM) shipments in May exceeded expectations at 40.2 million units, but fell 3.3% month-on-month. This may be due to weakened buying power after the company's key flagship models were released. As for CCM shipments from the beginning of the year to date, it was 188 million units, up 30.1% year-on-year. The bank pointed out that due to strong demand from the auto and Internet of Things sectors, CCM shipments in other areas from the beginning of the year to date have also increased significantly.

金吾財訊Jun 13 23:21 ET