【Brokerage Focus】China Postal Securities initiates a "Buy" rating for SUNNY OPTICAL (02382), indicating an improvement in the profitability of the mobile Business.

Jinwu Financial News | According to the research report released by China Post Securities, in H1 2024, SUNNY OPTICAL (02382) had revenues of approximately 18.86 billion yuan, an increase of about 32.1% compared to the same period last year. The revenue increase is mainly due to the recovery of the Smart Phone market, leading to an increase in the income from phone lenses and phone camera modules. At the same time, benefiting from industry growth and business expansion, the revenue from automotive lenses and modules has also seen an increase. In addition, due to the rising demand for VR pancake modules compared to the same period last year, revenue from VR-related products has significantly increased. The revenue from the optical components business is approximately 5.48 billion yuan.

Jinwu Financial NewsDec 24 02:30 ET

CICC: It is recommended to focus on investment opportunities in terminal Hardware, Bullish on the volume growth of AI glasses, recommend AAC TECH.

CICC released a research report stating that ByteDance will hold the 2024 Winter Power Conference on December 18-19, showcasing the company's comprehensive layout in edge AI models, applications, terminals, and computing power. The firm believes that ByteDance's AI layout demonstrates a bullish outlook on the edge AI ecosystem. Looking ahead to 2025, the firm determines that domestic edge AI, centered around mobile phones and wearables, will enter a phase of blossoming diversification and recommends paying attention to investment opportunities in terminal hardware.

Sina Hong Kong Stock.Dec 23 01:44 ET

[Hong Kong Stock Connect] SUNNY OPTICAL (02382) fell by 4.4% as Institutions indicate that the shipment volume of camera modules in November remains weak.

Jinwu Financial News | SUNNY OPTICAL (02382) stock price weakened, as of this writing, down 4.4%, reported at 68.5 Hong Kong dollars, with a trading volume of 0.573 billion Hong Kong dollars. On the news front, recently, SUNNY OPTICAL announced that in November, the shipment of mobile phone lenses was about 0.111 billion pieces, a month-on-month decrease of 3.9%, and a year-on-year decrease of 5.6%; the shipment of mobile phone camera modules was 37.406 million pieces, an increase of 10.7% month-on-month, and a year-on-year decrease of 28.1%, mainly due to the company's focus on mid-to-high-end projects, and the product structure has significantly improved compared to the same period last year. In addition, the shipment of automotive lenses was 7.459 million pieces, a month-on-month decrease of 14.3%.

Jinwu Finance NewsDec 23 01:35 ET

Express News | JPMorgan Chase & Co's Long Position in Sunny Optical Technology (Group) Increases to 5.20% on Dec 13 From 4.70% - HKEX

ReutersDec 19 04:14 ET

[Hong Kong Stock Connect] SUNNY OPTICAL (02382) rose nearly 5% in the afternoon, with Institutions expecting the company is on the road to recovery.

King Wu Financial News | SUNNY OPTICAL (02382) surged near noon, fluctuating higher in the afternoon, as of the time of writing, up 4.72%, priced at 70.95 Hong Kong dollars, with a transaction volume of 0.901 billion Hong Kong dollars. IDC Consulting released a research report on the top ten insights into China's Smart Phone market for 2025, pointing out the central government's determination to improve market confidence, promote economic stabilization and recovery, which will stimulate Consumer spending further, and may increase subsidies for Smart Phones, encouraging more consumers to upgrade their devices. The current forecast estimates that the shipment volume in China's Smart Phone market will reach 0.289 billion units by 2025, with an annual growth of 1.6%, while the shipment volume will remain stable in the coming years.

Jinwu Financial NewsDec 19 02:17 ET

Hong Kong stocks have shown unusual movements | The entire mobile Industry Chain surged in the afternoon, driven by the potential of AI applications being implemented in mobile devices, which is expected to stimulate the replacement cycle. The old-for-new

In the afternoon, the mobile Industry Chain saw a surge, and as of the time of reporting, Sunny Optical (02382) rose by 4.06%, priced at 70.5 HKD; AAC TECH (02018) increased by 3.13%, priced at 37.95 HKD; COWELL (01415) went up by 3.2%, priced at 29 HKD; Q TECH (01478) rose by 3.52%, priced at 6.47 HKD.

Zhitong FinanceDec 19 00:50 ET