Apple concept stocks continued to fall recently. As of the time of writing, Cowell (01415) fell by 3.41% to HKD 21.25; TK Group Hldg (02283) fell by 1.74% to HKD 1.69; Tongda Group (00698) fell by 1.35% to HKD 0.073; BYD Electronic (00285) fell by 0.37% to HKD 27.1.
According to Futu financial news app, Apple concept stocks continued to fall recently. As of the time of writing, Cowell (01415) fell by 3.41% to HKD 21.25; TK Group Hldg (02283) fell by 1.74% to HKD 1.69; Tongda Group (00698) fell by 1.35% to HKD 0.073; BYD Electronic (00285) fell by 0.37% to HKD 27.1.
On the news front, Apple will hold its latest product launch event on September 10th Beijing time, and the latest version of iPhone with AI functionality will be unveiled. However, recent media reports have stated that the latest iPhone will not be available until September 20th, and the AI functionality will only be introduced through software updates in October. In addition, a survey of US smartphone consumers suggests that AI may not be enough to drive upgrades, which could pose a risk to Apple's momentum.
In addition, there have been recent rumors circulating on the internet that the "iPhone 16 may not support WeChat", which has sparked market discussion about choosing between WeChat and Apple. An Apple China technical advisor stated that third-party comments on whether the iOS system or Apple devices can continue to use WeChat, including whether WeChat can continue to be listed and downloaded from the Apple App Store in the future, need to be discussed and explored between Apple and Tencent to determine the situation.