On November 5, Securities Times (Editor: Feng Yi) reported that today Hong Kong stocks resumed their rebound, with the consumer electronics and semiconductor sectors among the broad technology concepts collectively strengthening, leading in gains.

As of the time of publication, among consumer electronics stocks, Cowell (01415.HK) and Sunny Optical (02382.HK) both rose by over 13%; as for semiconductor stocks, Hua Hong Semi (01347.HK), Semiconductor Manufacturing International Corporation (00981.HK) both rose by over 6%. In addition, AI concept stocks also showed some activity, with Fourth Paradigm (06682.HK) rising by nearly 10%.

On the news front, the Huawei Mate 70 series phones are set to be released this month, and are expected to be equipped with the native Hongmeng system, driving market attention to related industries. It is understood that the Huawei Mate 70 series phones have already entered full production, with multiple listed companies deeply involved.

In the report on November 3 by Guolian Securities analyst Wang Hai, it was analyzed that the overall electronics industry is still showing a trend of recovery, with the semiconductor sector showing a more pronounced improvement trend, and the consumer electronics sector's revenue side improving more than the profit side.

It is worth noting that according to Guolian Securities tracking data, both the semiconductor and consumer electronics sectors are currently relatively prosperous segments within the entire electronics sector.

In horizontal comparison, the A-share semiconductor sector achieved a record high single-quarter revenue, with net income attributable to the parent company recovering relatively quickly on a year-on-year basis. In 2024 Q3, the semiconductor sector achieved revenue of 114.1 billion yuan, a year-on-year increase of 20.23%, with net income attributable to the parent company at 9.6 billion yuan, a year-on-year increase of 66.66%.

Furthermore, consumer electronics have entered the peak season, and the sequential improvement is also significant. In the third quarter, the A-share consumer electronics sector achieved revenue of 457.3 billion yuan, a year-on-year increase of 26.46%, with net income attributable to the parent company at 19.6 billion yuan, a sequential increase of 33.77%.

In addition to the Huawei mate70 boosting market expectations, Apple also became another major catalyst of market attention last week by releasing a variety of new products consecutively.

At the conference, Apple CEO Cook also stated that the iPhone 16 series sales this year are stronger than the same period of the 15th, and looks forward to Apple Intelligence further driving sales.

Analysts Chen Haijin and Chen Miaoyang from Hua Fu Securities also mentioned in their report on November 2 that the consumer electronics industry is currently at a triple turning point of short-term stabilization, AI-driven industry innovation, and the release of new products by industry giants. The institution believes that high stock models adapting to AI functionality will bring about a huge demand for upgrades.

Guolian Securities also stated that the launch of terminal products such as AI PCs, AI smartphones, and AI glasses is expected to promote a return to growth in the sales of consumer electronics terminals, and recommends focusing on the AI hardware industry chain.