Market Insight | COWELL falls more than 3%, leading the decline in the Apple concept. The AI function may not be sufficient to stimulate phone upgrades. Debate sparked by rumors of two choices
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Concept stocks related to Apple continue to decline, with COWELL dropping by 3.41% to HKD 21.25, Dongjiang Group Holdings falling by 1.74%, Tongda Group dropping by 1.35%, and BYD Electronics down by 0.37%. Despite the upcoming launch of the new iPhone on September 20th and the expected AI function update in October, the market lacks confidence in its stimulating upgrade. The rumor about iPhone 16 possibly not supporting WeChat has sparked discussions, and the specific situation requires confirmation through negotiations between Apple and Tencent
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