Understanding the Market | Apple concept stocks rise, Q TECH up over 9%, institutions optimistic about positive inventory replenishment in the supply chain in the first quarter of next year
Apple concept stocks generally rose, with Q TECH up 9.18% to HKD 6.66, BYD ELECTRONIC up 5.05% to HKD 39.5, and AAC TECH up 3.51% to HKD 38.35. Apple's stock price has continuously reached historical highs, with a market value of USD 3.68 trillion. Guojin Securities predicts that the Apple supply chain will see positive demand in the first quarter of next year, with performance expected to grow significantly. It is anticipated that a new iPhone SE4 will be released in 2025, continuing to drive hardware and AI innovation
According to Zhitong Finance APP, Apple concept stocks rose. As of the time of writing, Q TECH (01478) rose 9.18% to HKD 6.66; BYD ELECTRONIC (00285) rose 5.05% to HKD 39.5; AAC TECH (02018) rose 3.51% to HKD 38.35; and GoerTek (01415) rose 2% to HKD 28.05.
In terms of news, on Tuesday local time in the U.S., Apple Inc. closed up 1.28% at USD 242.65 per share, marking the third consecutive trading day of closing at a historical high. On Wednesday, after the U.S. stock market opened, Apple Inc.'s stock price continued to rise, with a market capitalization climbing to USD 3.68 trillion (approximately RMB 26.7 trillion), continuing to set a historical high. Notably, Apple Inc. rarely endorsed Amazon, stating that it is leveraging Amazon's cloud computing division AWS's custom AI chips to enhance its search and other services, and is assessing whether Amazon's latest AI chips are suitable for the pre-training work of models like "Apple Smart."
Guotai Junan Securities pointed out that Apple is expected to release the SE4 model in March 2025, introducing a full-screen and OLED display for the first time in the iPhone SE series, with a body size of 6.1 inches, similar to the iPhone 16, using the A18 Bionic chip, and debuting with Apple's self-developed 5G modem, upgrading to a 48-megapixel rear camera. It is predicted that in the first quarter of next year, the Apple supply chain will see positive inventory replenishment, with performance expected to grow significantly. The firm stated that from 2025 to 2026, Apple's hardware/end-side model innovation and sales growth trend are confirmed, and in 2026, Apple is expected to launch foldable phones/pads and smart glasses. Apple will continue to build its core competitiveness in chip, system, hardware innovation, and end-side AI models. It remains optimistic about AI-driven, Apple chain, and self-controllable industrial chains