Understanding the Market | Apple concept stocks rise across the board, COWELL up over 5%, SUNNY OPTICAL up over 4%
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Apple concept stocks rose across the board, with COWELL up 5.17% to HKD 23.4, SUNNY OPTICAL up 4.43% to HKD 68.4, and BYD ELECTRONIC up 3.56% to HKD 33.45. The market is focused on the China-U.S. economic and trade dialogue and changes in tariff policies. Xinda Securities believes that if tariff policies stabilize, industry valuations are expected to recover. Apple released its second fiscal quarter financial report for fiscal year 2025, with revenue and profit exceeding expectations, and the board approved a USD 100 billion stock repurchase plan, but revenue from Greater China fell short of expectations
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