Zhitong Financial APP learned that the mobile phone industry chain continued to fall. As of press time, Gao Wei Electronics (01415) fell 7.24% to HK $11.02; BYD Electronic (00285) fell 3.53% to HK $18.56; Sunny Optical (02382) fell 2.96% to HK $73.75; Fuzhikang Group (02038) fell 2.67% to HK $0.73; Qiu Titanium Technology (01478) fell 1.85% to HK $3.19.
On the news side, according to CINNO Research data, according to CINNO Research data, about 20.44 million smartphones were sold in the Chinese mainland market in August, down 7.4% from July, 26% from the same period last year, and both month-on-month and year-on-year. Since February this year, it has been the seventh consecutive month of negative year-on-year growth, and terminal market demand remains sluggish, the worst single-month sales in August since 2015.