Understanding the Market | Apple concept stocks faced pressure in the early trading session, COWELL once fell over 3% as Trump threatened to impose a 25% tariff on Apple Inc

Apple concept stocks are collectively under pressure. As of the time of publication, COWELL is down 2.51%, trading at HKD 21.4; Q TECH is down 2.3%, trading at HKD 6.81; BYD Electronics is down 1.93%, trading at HKD 33.05; Sunny Optical is down 1.45%, trading at HKD 61.3. In terms of news, on the morning of May 23rd, Eastern Time, Trump posted on his social media platform, stating: "I have long told Apple CEO Tim Cook that I want iPhones sold in the U.S. to be made in the U.S., not in India or any other place. If not, Apple must pay at least a 25% tariff to the U.S." Tianfeng International analyst Guo Mingqi commented on social media, stating: "In terms of profitability, Apple bearing the impact of a 25% tariff on iPhones sold in the U.S. is far better than moving the iPhone assembly line back to the U.S."