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FIT HON TENG, LENS Rally 10%+ Against Mkt; Apple Reportedly Requests 40% Rise from Suppliers in Standard iPhone 17 Production
Recommend 66 Positive 77 Negative 50 |
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The HSI opened 85 points lower this morning (22nd) and once bottomed at 26,277 with a slump of 268 points. It last printed at 26,314, down 230 points or about 0.8%, with a turnover of HKD103.148 billion. Despite deterioration in the broad market, Apple supply chain stocks managed to deliver impressive performance. FIT HON TENG (06088.HK) opened nearly 7% higher and reached an over seven-and-a-half-year high of HKD6.88 since December 2017. It last traded at HKD6.6, up 12.05%, with a volume of 197 million shares, involving HKD1.305 billion. LENS (06613.HK) opened up 4.5% and climbed to a high of HKD30.98 since its listing in early trading. It last traded at HKD30.76, up 10.41%, with a turnover of HKD432 million. SUNNY OPTICAL (02382.HK) was last at HKD84.75, up 3.9%, with a turnover of HKD643 million. AAC TECH (02018.HK) last printed at HKD46.02, up 2.6%, with a turnover of HKD274 million. BYD ELECTRONIC (00285.HK) last rose 2.27% to HKD42.44, with a turnover of HKD735 million. Online media outlet The Information published an article last Friday (19th) revealing that Apple had asked one of its main suppliers, Luxshare Precision, to increase the daily production of the standard iPhone 17 by about 40%, as its pre-sale performance turned out better than expected. AAStocks Financial News |
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