LINGYI ITECH
016886.0400.17% ( -0.010 )
Delay Closed: Nov 13, 16:08:17News
JPM: Weak China Smartphone Shipments Expected to Persist Through 2027, Favors Apple Supply Chain Stocks
AASTOCKS News·- JPMorgan reports global smartphone shipments plunged 22 % year-on-year in 3Q26, with weak demand expected to persist through 2027 due to rising memory costs. - High-end Apple models show resilient demand and stable 2H26 production plans, contrasting with shipment and margin pressures faced by Android vendors. - The bank favors Apple supply chain stocks like Luxshare Precision, Cowell, and AAC Technologies while maintaining a cautious stance on Android-exposed suppliers.HK stocks midday: Hang Seng rises over 1%, consumer shares rally, AI hardware under pressure
Market Pulse·- On October 30, Hong Kong stocks rose across the board, with the Hang Seng Index up 1.19 % to 23232 points. - Driven by domestic demand stimulus policies from the Fifth Plenary Session, consumer stocks strengthened significantly, while AI hardware stocks declined due to weak earnings from US tech giants. - Energy and shipping stocks also showed strong performance, notably boosted by COSCO SHIPPING's robust third-quarter net profit.Lingyi iTECH climbs 6%
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