Understanding the Market | Apple concept stocks rose broadly in the morning, COWELL increased by nearly 5%, SUNNY OPTICAL rose by nearly 4%
Apple concept stocks rose broadly in the morning session. As of the time of writing, COWELL rose 4.86% to HKD 26.95; SUNNY OPTICAL rose 4.13% to HKD 68; Q TECH rose 3.37% to HKD 7.66; AAC Technologies rose 3.29% to HKD 40.85. In terms of news, according to Xinhua News Agency, it has been learned from relevant departments that there has been no change in the policy of replacing old consumer goods with new ones, and the progress of subsidy fund usage is in line with expectations. Central government funds will be gradually allocated in the third and fourth quarters. A research report from SINOLINK SECURITIES pointed out that the core logic of this round of policy adjustment for replacing old with new is to optimize resource allocation, improve fund efficiency, and guide the industry towards high-quality development transformation. Institutional research reports indicate that with the catalysis of new product launches and other events in the second half of the year, the consumer electronics and Apple supply chain are expected to experience a recovery trend, alleviating the previously suppressed factors from economic and trade relations. China Merchants Securities believes that the short-term valuation of the Apple supply chain has adjusted to a cost-effective range, seizing investment opportunities in quality companies benefiting from hardware innovation and AI resonance in the medium to long term. Earlier, Credit Lyonnais stated that given the low valuations, investors are gradually becoming optimistic about Apple supply chain manufacturers such as LUXSHARE-ICT, AAC Technologies, and COWELL
According to the Zhitong Finance APP, Apple concept stocks rose broadly in early trading. As of the time of publication, COWELL (01415) rose 4.86% to HKD 26.95; SUNNY OPTICAL (02382) rose 4.13% to HKD 68; Q TECH (01478) rose 3.37% to HKD 7.66; AAC Technologies (02018) rose 3.29% to HKD 40.85.
On the news front, according to Xinhua News Agency, it has been learned from relevant departments that there has been no change in the policy of replacing old consumer goods with new ones, and the progress of subsidy fund usage is in line with expectations. Central government funds will be gradually allocated in the third and fourth quarters. A research report from SINOLINK SECURITIES pointed out that the core logic of this round of old-for-new policy adjustment is to optimize resource allocation, improve fund efficiency, and guide the industry towards high-quality development.
Institutional research reports indicate that with the catalyst of new product launches in the second half of the year, the consumer electronics and Apple supply chain are expected to experience a recovery trend, alleviating the previously suppressed factors due to trade relations. China Merchants Securities believes that the short-term valuation of the Apple supply chain has adjusted to a cost-effective range, seizing investment opportunities in quality companies benefiting from hardware innovation and AI resonance in the medium to long term. Earlier, Credit Lyonnais stated that given the low valuations, investors are gradually becoming optimistic about Apple supply chain manufacturers, such as LUXSHARE-ICT, AAC Technologies, and COWELL
