Understanding the Market | Apple Concept Stocks Plunge Across the Board, Apple's Global Supply Chain Directly Impacted by Tariffs, Consumer Electronics Industry May Face Pressure
Apple concept stocks plummeted across the board. As of the time of publication, COWELL fell 10.07% to HKD 27.25; SUNNY OPTICAL dropped 7.1% to HKD 69.3; Q TECH decreased by 6.49% to HKD 7.2; BYD ELECTRONIC declined 5.29% to HKD 38.5. On the news front, U.S. President Trump announced reciprocal tariff measures against trade partners at the White House. Apple's stock price briefly plummeted 7.5% in after-hours trading. Analysts indicated that Apple will inevitably face a more profound "fundamental performance impact" due to the need to source core components required for producing iPhones and other consumer electronics from multiple regions similarly affected by the reciprocal tariff policy. Aijian Securities pointed out that the consumer electronics sector is most visibly impacted by tariffs. According to data from the United Nations trade database, Chinese customs, and the U.S. International Trade Commission, 40% of U.S. imports come from China. Among these, China's exports of consumer electronics to the U.S. reached USD 96 billion. The U.S. government's increase in tariffs may have the most significant impact on the consumer electronics industry
According to the Zhitong Finance APP, Apple concept stocks have plummeted across the board. As of the time of publication, COWELL (01415) fell by 10.07% to HKD 27.25; SUNNY OPTICAL (02382) dropped by 7.1% to HKD 69.3; Q TECH (01478) decreased by 6.49% to HKD 7.2; BYD ELECTRONIC (00285) declined by 5.29% to HKD 38.5.
On the news front, U.S. President Trump announced reciprocal tariff measures against trade partners at the White House. Apple's stock price plummeted by 7.5% in after-hours trading. Analysts indicate that due to the need to source core components required for producing iPhones and other consumer electronics from multiple regions affected by the same reciprocal tariff policies, Apple will inevitably face a more profound "fundamental performance impact."
Aijian Securities pointed out that the consumer electronics sector is most significantly affected by tariffs. According to data from the United Nations Trade Database, China Customs, and the U.S. International Trade Commission, 40% of U.S. imports come from China. Among them, China's exports of consumer electronics to the U.S. reached USD 96 billion. With the U.S. government raising tariffs, the consumer electronics industry may be the most vulnerable to impact