I'm LongbridgeAI, I can summarize articles.Apple concept stocks fell across the board. As of the time of publication, COWELL fell 5.32% to HKD 36.64; Foxconn Technology Group fell 5.05% to HKD 17.66; BYD Electronics fell 4.28% to HKD 41.58; Q TECH fell 3.33% to HKD 15.98. On the news front, Counterpoint previously released a report stating that in the first eight weeks of the third quarter of 2025, the sales volume of the Chinese smartphone market decreased by 2% year-on-year. This is related to intensified competition in the mid-to-high-end market due to promotional activities and national subsidy policies during this period, as well as consumers' preference for mid-to-high-end products. The agency expects a slight decline in the Chinese smartphone market in the third quarter of 2025, while the overall performance for the year will remain roughly flat. Notably, OpenAI previously reached a strategic cooperation with Luxshare Precision, a leading company in the Apple supply chain. Citi stated that considering that the core members of OpenAI's device team all come from Apple, it is reasonable for them to choose to cooperate with Apple supply chain companies. It is expected that the relevant measures will bring new growth momentum to existing Apple supply chain companies
According to the Zhitong Finance APP, Apple concept stocks fell across the board. As of the time of writing, COWELL (01415) fell by 5.32%, trading at HKD 36.64; Foxconn Industrial Internet (02038) fell by 5.05%, trading at HKD 17.66; BYD Electronics (00285) fell by 4.28%, trading at HKD 41.58; Q TECH (01478) fell by 3.33%, trading at HKD 15.98.
On the news front, Counterpoint previously released a report stating that in the first eight weeks of the third quarter of 2025, the sales volume of the Chinese smartphone market decreased by 2% year-on-year. This is related to intensified competition in the mid-to-high-end market due to promotional activities and national subsidy policies during this period, as well as consumers' preference for mid-to-high-end products. The agency expects a slight decline in the Chinese smartphone market in the third quarter of 2025, while the overall performance for the year will remain largely flat.
It is worth noting that OpenAI previously reached a strategic cooperation with leading Apple supply chain company Luxshare Precision. Citi stated that considering that the core members of OpenAI's device team all come from Apple, it is reasonable for them to choose to cooperate with Apple supply chain companies. It is expected that this initiative could bring new growth momentum to existing Apple supply chain companies