Understanding the Market | Apple concept stocks opened higher collectively, COWELL rose over 5%, U.S. court blocks Trump's tariff policy
Apple concept stocks opened higher collectively. As of the time of publication, COWELL rose 5.67% to HKD 23.3; AAC TECH rose 4.47% to HKD 38.6; Sunny Optical rose 3.63% to HKD 62.8; Q TECH rose 3.51% to HKD 7.07. In terms of news, according to CCTV News, on May 28 local time, a U.S. federal court blocked the tariff policy announced by U.S. President Trump on April 2, "Liberation Day," and ruled that Trump overstepped his authority by imposing comprehensive tariffs on countries that export more to the U.S. than they import. Tianfeng Securities believes that the adjustment of tariff policies drives an improvement in expectations for Chinese Apple industry chain manufacturers. Previously, Cinda Securities pointed out that since the announcement of the tariff policy, high-quality domestic consumer electronics stocks have significantly corrected, and current valuations have shown considerable room. The firm believes that if tariffs do not develop irrationally in the future, there is a high possibility of overall valuation recovery in the industry
According to Zhitong Finance APP, Apple concept stocks opened higher collectively. As of the time of writing, COWELL (01415) rose by 5.67% to HKD 23.3; AAC TECH (02018) increased by 4.47% to HKD 38.6; Sunny Optical (02382) climbed by 3.63% to HKD 62.8; Q TECH (01478) went up by 3.51% to HKD 7.07.
On the news front, according to CCTV News, on May 28 local time, a U.S. federal court blocked the tariff policy announced by U.S. President Trump on April 2, "Liberation Day," ruling that Trump overstepped his authority by imposing comprehensive tariffs on countries that export more to the U.S. than they import. Tianfeng Securities believes that the adjustment of tariff policies drives an improvement in expectations for Chinese Apple industry chain manufacturers. Previously, Cinda Securities pointed out that since the announcement of the tariff policy, high-quality domestic consumer electronics stocks have significantly corrected, and their valuations now show considerable room. The firm believes that if tariffs do not develop irrationally in the future, there is a high possibility of overall valuation recovery in the industry
