Apple Suppliers stocks fell broadly today. As of the time of writing, Sunny Optical (02382) dropped by 5.37% to HKD 65.15; BYD Electronics (00285) fell by 5.11% to HKD 39.9; FIH (02038) decreased by 4.35% to HKD 0.88.
According to Zhitong Finance APP, Apple Supplier stocks fell today, as of the time of this report, Sunny Optical (02382) dropped by 5.37%, priced at 65.15 HKD; BYD Electronics (00285) fell by 5.11%, priced at 39.9 HKD; FIH (02038) decreased by 4.35%, priced at 0.88 HKD; COWELL (01415) went down by 1.77%, priced at 27.8 HKD; Q TECH (01478) dropped by 1.23%, priced at 6.4 HKD.
On the news front, on January 2, Apple announced a New Year promotional event called 'Chichua Benefits' on its official website in China. From January 4 to 7, users purchasing designated products with eligible payment methods can save up to 800 RMB. Each user is limited to 2 items per product category, and there is an additional discount for trading in for a new iPhone. It is worth noting that during the previous 2024 Singles' Day Sales, Apple announced a price drop for the iPhone 16 series, which had only been released a month earlier. Market research firm Counterpoint Research previously released a report stating that during the 2024 'Double Eleven' shopping festival, Apple's iPhone sales in China declined by double digits year-on-year, mainly due to several competitors launching new phones before 'Double Eleven'.