The number of pre-orders for the Huawei Mate 70 exceeds 2.1 million, and smartphone industry stocks collectively surge. Fit hon teng (06088) rises by 7.31%.

Jin Wu Finance News | The Huawei Mate 70 series is likely to trigger another buying spree, with stocks in the mobile industry collectively rising: Fit Hon Teng (06088) up 7.31%, Q Tech (01478) up 7.07%, BYD Electronics (00285) up 4.92%, Sunny Optical (02382) up 3.34%, Semiconductor Manufacturing International Corporation (00981) up 2.46%, Hua Hong Semi (01347) up 1.45%.

Jingu Finance News21:02 ET

Hong Kong stock concept tracking | Over 2 million people have reserved the Huawei Mate 70 smartphone, the industry chain is closely watching Huawei's technology development (with relevant concept stocks).

In the first three quarters of 2024, Huawei's flagship smartphone shipments increased by 71% year-on-year.

Zhitong Finance21:02 ET

Hong Kong stocks fluctuate | The mobile industry chain rose in early trading, with reservations for the Huawei Mate 70 series exceeding one million. Product innovation is expected to stimulate the market and industry chain in the fourth quarter.

The smartphone industry chain rose in early trading. As of the time of reporting, q tech (01478) increased by 5.66%, priced at 5.23 HKD; Sunny Optical (02382) rose by 4.61%, priced at 57.9 HKD; BYD Electronics (00285) went up by 4.04%, priced at 29.6 HKD; cowell (01415) increased by 2.25%, priced at 25 HKD.

Zhitong Finance20:39 ET

CICC: Maintains sunny optical technology's 'outperform' rating in the industry with a target price of HK$63.4.

CICC released a research report stating to maintain sunny optical (02382) 2024/2025 net income attributable to mother forecast at 2.47 billion yuan/2.87 billion yuan. The bank maintains an outperform industry rating and a target price of HK$63.4. The company's shipment volume decreased month-on-month in October, focusing on the upgrade of Android new phone optics and the optimization of the company's product structure. The growth of car-mounted and XR-related products is steady. CICC's main points are as follows: Sunny Optical released October shipment volume data: 1) Mobile optics: the company's mobile camera module shipments were 3, 3.779 million units, a year-on-year decrease of 37.5%/month-on-month decrease of 8.1%, main

Sina Hong Kong StockNov 10 20:57 ET

【Hong Kong Stock Connect】Sunny Optical (02382) reversed its decline and rose by 2.4%. Institutions expect the company's share of lens supply for apple to increase significantly.

Kingwu Financial News | sunny optical (02382) turned from decline to rise, as of the time of publication, up 2.4% to HK$57.5, with a turnover of 0.359 billion Hong Kong dollars. On the news front, Tianfeng International analyst Guo Mingji published the latest report, predicting that sunny optical's share of lens supply in Apple's major product lines will increase from about 5% in 2024 to 15-20% in 2025. Looking ahead to 2025, benefiting from the new iPhone 17 "Slim" ultra-thin model and the more mature Apple Intelligence, Guo Mingji expects iPhone shipments in 2025.

Jingu Wealth NewsNov 10 20:57 ET

Hong Kong stocks morning report on November 11: The financial 10 trillion debt conversion plan is implemented, and the Dow Jones Index in the United States has achieved its largest weekly increase in a year.

① Minister of Finance Lan Foan stated that local bond resources will be increased to 10 trillion yuan; ② Last Friday, the three major US stock indexes collectively rose, with the Dow Jones, S&P 500 index both achieving their largest weekly gains in a year. China concept stocks were generally down; ③ Trump is considering candidates such as the SEC Chairman; ④ Tesla's stock price rose by 8% last Friday, Elon Musk's net worth surpassed $300 billion for the first time in nearly three years.

cls.cnNov 10 18:19 ET