Understanding the Market | BYD ELECTRONIC rose over 9%, leading the Apple concept stocks as Apple announced plans to expand its retail business in Saudi Arabia

BYD ELECTRONIC's stock price rose by 9.67%, leading the Apple concept stocks. Apple announced that it will expand its retail business in Saudi Arabia, planning to open an online store in the summer of 2025 and a flagship retail store in 2026. Apple's expansion is based on its investments in Saudi Arabia, including the developer academy launched in collaboration with local institutions. Guokai Securities pointed out that AI is helping the terminal market to recover, expanding the growth space for the Apple supply chain. Huafu Securities believes that although the market has concerns about tariff risks, the advantages of the mainland industrial chain are obvious, and the impact is limited