---
title: "Understanding the Market | Apple Concept Stocks Lead the Decline, FIT HON TENG Drops Over 9%, Institutions Say Tariff Impact on the Apple Supply Chain Should Not Be Overestimated"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/260818217.md"
description: "Apple concept stocks fell sharply. As of the time of publication, FIT HON TENG dropped 9.33%, trading at HKD 5.83; COWELL fell 5.7%, trading at HKD 34.42; Q TECH decreased by 4.91%, trading at HKD 15.1; BYD ELECTRONIC declined 4.59%, trading at HKD 39.52. On the news front, the U.S. recently announced a 100% tariff increase on China. China Merchants Securities believes that this threatened tariff should be viewed as a bargaining chip rather than an end goal, and the likelihood of the 100% tariff being implemented is low. Huafu Securities stated that the impact of tariffs on fruit chain equipment companies should not be overestimated, as Apple has extremely strict requirements for its suppliers, and domestic fruit chain companies are irreplaceable. Notably, 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, which is related to intensified competition in the mid-to-high-end market due to promotional activities and national subsidy policies, with consumers more inclined to purchase 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"
datetime: "2025-10-13T02:16:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260818217.md)
  - [en](https://longbridge.com/en/news/260818217.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260818217.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/260818217.md) | [繁體中文](https://longbridge.com/zh-HK/news/260818217.md)


# Understanding the Market | Apple Concept Stocks Lead the Decline, FIT HON TENG Drops Over 9%, Institutions Say Tariff Impact on the Apple Supply Chain Should Not Be Overestimated

According to Zhitong Finance APP, Apple concept stocks are among the biggest losers. As of the time of writing, FIT HON TENG (06088) is down 9.33%, trading at HKD 5.83; COWELL (01415) is down 5.7%, trading at HKD 34.42; Q TECH (01478) is down 4.91%, trading at HKD 15.1; BYD ELECTRONIC (00285) is down 4.59%, trading at HKD 39.52.

In terms of news, the U.S. recently announced a 100% tariff on China. China Merchants Securities believes that this threat of tariffs should be viewed as a bargaining chip rather than an end goal, and the likelihood of the 100% tariff being implemented is low. Huafu Securities stated that the impact of tariffs on fruit chain equipment companies should not be overestimated, as Apple has very strict requirements for its suppliers, and domestic fruit chain companies have irreplaceability.

It is worth noting that 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, with consumers tending to prefer 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

### 相关股票

- [FIT HON TENG (06088.HK)](https://longbridge.com/zh-CN/quote/06088.HK.md)
- [BYD ELECTRONIC (00285.HK)](https://longbridge.com/zh-CN/quote/00285.HK.md)
- [Q TECH (01478.HK)](https://longbridge.com/zh-CN/quote/01478.HK.md)
- [COWELL (01415.HK)](https://longbridge.com/zh-CN/quote/01415.HK.md)

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