Market Insight | Apple Concept Stocks Rise as Apple Raises iPhone 16 Series Production Targets for the Year, Overnight Apple Stock Regains Top Global Market Value

Concept stocks related to Apple are generally on the rise. As of the time of publication, Foxconn Technology Group rose by 3.7% to HKD 0.84; BYD ELECTRONIC rose by 2.9% to HKD 35.5; Q TECH rose by 2.36% to HKD 3.9; AAC TECH rose by 2.28% to HKD 31.45. On the news front, Apple's stock price hit a new all-time high overnight, with a total market value approaching USD 3.5 trillion, reclaiming the top spot in the U.S. stock market. Previously, industry insiders indicated that Apple has raised its iPhone 16 series procurement target to around 90 million units this year. In addition, during this year's 618 e-commerce promotion period, Apple's sales have significantly increased, which may boost Apple's sales expectations for the iPhone 16 series. Sinolink Securities believes that there are investment opportunities in the Apple supply chain and continues to recommend high-quality consumer electronics companies. The firm points out that as a benchmark enterprise in the consumer electronics industry, Apple is expected to once again lead the AI growth trend in the consumer electronics industry. In the second half of the year, Apple's new devices are set to be released, and the impact on sales in China may be more moderate than last year, making the current Apple chain opportunities worth paying attention to