Zhitong Financial APP learned that$SUNNY OPTICAL (02382.HK)$It weakened significantly in early trading, falling to HK $89.20 at one point, the lowest level since late March 20. As of press time, Sunny Optical Technology fell 6.33% to HK $89.6, with a turnover of HK $491 million.

RecentlyMorgan Stanley pointed out that there is a broad consensus on the bearish view of the smartphone industry, and there is no possibility of recovery in the industry before the first half of next year. Sunny Optical's target price will be lowered to HK $135m.

Goldman Sachs Group released a forward-looking report on the technology industry in Greater China in 2023.Taking into account the risks such as low visibility of smartphone demand, increased competition, slow specification upgrading, weak demand for cameras and channel inventory.It is recommended to sell Sunny Optical.

When commenting on the August shipping data, Citic said that the company's mobile phone lens shipments in the second half of the year may show a low before and a high trend.Changes in the industry pattern may lead to fluctuations in the ASP of some products, which we will continue to follow.