According to the Zhitong Finance APP, the smart phone industry chain rose in the morning, and as of this report, aac tech (02018) is up 7.01%, trading at 36.65 HKD; q tech (01478) is up 4.58%, trading at 5.94 HKD; sunyu optics (02382) is up 3.61%, trading at 60.25 HKD; byd electronics (00285) is up 3.22%, trading at 35.3 HKD; and cowell (01415) is up 1.7%, trading at 23.95 HKD.

In terms of news, the Huawei Mate brand celebration will be held on November 26 at 2:30 PM, where the Huawei Mate 70 series and multiple new products will be officially unveiled. It is worth mentioning that the Huawei Mate 70 series officially opened for pre-order on November 18 at 12:08, and within just ten minutes, 0.4 million people had made reservations. As of the morning of November 19, over 2 million people have booked the Huawei Mate 70 series in the Huawei mall. tianfeng securities is bullish on product innovation strongly driving the smart phone market and related supply chains in the fourth quarter.

Huafu securities pointed out that consumer electronics is at a turning point with the arrival of the AI-driven industry innovation cycle and continuous catalyst of new products from giants. Dongguan securities believes that many terminal manufacturers have recently intensively launched new products, with AI innovation and functional upgrades as the main highlights, and the trend of feature downgrade to larger screens is clear. In the future, with the promotion of old-for-new incentives, gradual implementation and improvement of AIAgent functions, and upgrades in smart phone features, the demand for consumer upgrades is expected to be further released.