According to the Smart Financial APP, the mobile phone industry chain collectively rose. As of the time of publication, Tongda Group (00698) rose by 12.3%, to 0.137 Hong Kong dollars; AAC Tech (02018) rose by 10.23%, to 35.55 Hong Kong dollars; Q Tech (01478) rose by 7.13%, to 6.16 Hong Kong dollars; Cowell (01415) rose by 6.42%, to 24.05 Hong Kong dollars; BYD Electronic (00285) rose by 4.41%, to 35.55 Hong Kong dollars.

On the news front, the China Academy of Information and Communications Technology announced statistics showing that the August domestic market shipped 24.047 million mobile phones, up 26.7% year-on-year. Among them, the shipment of smart phones was 21.098 million, a year-on-year increase of 17.7%, accounting for 87.7% of the total mobile phone shipments during the same period. In the first 8 months of this year, the domestic market shipped 0.195 billion mobile phones, up 16.6% year-on-year. Among them, the shipment of smart phones was 0.182 billion, a year-on-year increase of 14.1%, accounting for 93.4% of the total mobile phone shipments during the same period.

HTSC pointed out that the fundamentals of consumer electronics are stabilizing and improving. Android phone sales are stabilizing after hitting the bottom, and they continue to be bullish on the supply chain benefiting from Apple's AI interaction upgrade. Previously, Lyon stated that the explosion of communication equipment in Lebanon may cause some Middle Eastern countries to shift to domestic manufacturing of electronic equipment. Electronic companies with factories on the mainland may benefit. Regarding the technology sectors in the mainland and Hong Kong, the bank believes that concerns about Android and Apple have been largely reflected, and the valuation of some stocks has reached very attractive levels.