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

Sunny Optical Sees Diverse Growth in October Shipments

TipRanksNov 8 03:38 ET

Sunny Optical (02382.HK): In October, the shipment volume of mobile phone lenses was 0.116 billion units, a decrease of 1.9% year-on-year.

Grantham's report on November 8 | sunny optical (02382.HK) announced the shipments of its major products in October 2024. In October 2024, in the optical components division, the shipment volume of glass spherical lenses was 2.471 million pieces, a year-on-year increase of 7.1%; the shipment volume of mobile phone lenses was approximately 0.116 billion pieces, a decrease of 2.6% month-on-month and a decrease of 1.9% year-on-year; the shipment volume of automotive lenses was 8.706 million pieces, a year-on-year increase of 11.5%; the shipment volume of other lenses was 14.085 million pieces, a year-on-year increase of 72.0%. In the optical components division, the shipment volume of mobile camera modules was 33.779 million pieces, down year-on-year.

Gelonghui FinanceNov 8 03:36 ET

Express News | Sunny Optical Tech - Oct Shipment Volume of Spherical Glass Lenses 2.5 Mln Units

ReutersNov 8 03:31 ET