LENS Soars 15% to All-Time High Amid Anticipation for iPhone 17 Launch
Apple's Upcoming Event: Apple Inc. has scheduled a major product launch event for September 9, 2025, at 10 a.m. US time, expected to unveil the iPhone 17 series.
LENS Stock Performance: LENS, an Apple supply chain stock, saw a significant increase, opening up by 7.9% and reaching a record high of HK$29.88, closing at HK$28.9 with an 11.33% gain.
Mixed Results for Other Stocks: Other Apple supply chain stocks had varied performances; COWELL rose by 3.48%, while AAC TECH edged up slightly, and SUNNY OPTICAL and BYD ELECTRONIC experienced minor declines.
LENS Financial Results: LENS reported a total revenue of RMB32.96 billion, a 14.2% year-over-year increase, with a net profit growth of 32.7% to RMB1.143 billion and declared an interim dividend of RMB0.1.
Trade with 70% Backtested Accuracy
Analyst Views on 00285
About the author
Citi Sets Target Price for LI AUTO-W (02015.HK) While Maintaining Neutral Rating
Company Expansion: LI AUTO-W is expanding into the robotics sector, focusing on 'embodied intelligence' and planning to develop humanoid robots and AI-driven hardware, according to a Citi Research report.
Valuation Methodology Update: Citi Research has updated its valuation methodology for LI AUTO-W, shifting from a pure PS ratio to a SOTP approach, resulting in increased target prices for its US stock and H-shares.
Market Performance Analysis: The report indicates that high-priced EV models show resilience to rising raw material costs, which may explain the recent outperformance of SERES compared to XPENG-W and BYD ELECTRONIC.
Broker Rating: Citi Research maintains a Neutral rating for LI AUTO-W amidst these developments.
G Sachs' Recommended Buy List for H Shares According to ERLI (Table)
Goldman Sachs Buy Stocks: Goldman Sachs released a list of Buy stocks in Hong Kong based on the Earnings Revision Leading Indicator (ERLI), including notable companies like AIA, Xiaomi, and HKEX.
Stock Performance: The report highlighted various stocks with their respective short selling data, showing significant short selling ratios for companies like Ping An and JD Logistics.
Market Reactions: AIA received positive outlook from Haitong International, which raised its target price, indicating optimism about its growth prospects for 2026/2027.
Short Selling Trends: The report detailed short selling activities across multiple stocks, with varying ratios indicating market sentiment and potential investor strategies.
HSI Rises by 97 Points Driven by Demand for Chip, AI, and Robotics Stocks; HUA HONG SEMI Gains 5%
Market Performance: The Hong Kong stock market saw a rebound with the HSI rising 0.4% to 26,585, driven by the US-Europe dispute over Greenland and a total market turnover of HKD250.451 billion.
AI and Tech Stocks Surge: The launch of the new DeepSeek model, MODEL1, boosted AI and chip-related stocks, with notable gains from companies like SENSETIME-W and INSILICO, while some stocks like UNISOUND experienced declines.
Chinese Exports Growth: China's exports in December increased by 6.6% year-on-year, surpassing the previous value of 5.9% and exceeding forecasts of 3%.
Mixed Performance Among Major Tech Firms: BIDU-SW launched a new AI feature and saw a 3.3% stock increase, while other tech giants like TENCENT and JD-SW had modest gains, and NTES-S faced a significant decline of 3.7%.
HSI Declines by 76 Points Amid Weakness in AI and Chip Stocks; POP MART Surges 9%
US Stock Market Impact: President Trump's threat to impose "Greenland tariffs" negatively affected US stock futures, leading to a decline in Hong Kong stocks, with the HSI down 0.3% and significant drops in major tech stocks like Tencent and Meituan.
Tech Sector Performance: Major tech companies experienced losses, with Tencent and Meituan dropping 1.5% and 1.2%, respectively, while JD and Bilibili saw slight gains. AI-related stocks had mixed results, with Knowledge Atlas plunging 7.4%.
Mobile and Chip Sector Declines: Mobile component stocks like AAC Tech and Sunny Optical fell over 3%, while chip sector stocks, including SMIC and Innosilicon, also experienced declines of up to 3.6%.
Consumer Stocks Surge: Consumer stocks rose, particularly Pop Mart, which surged 9.1% after repurchasing shares for the first time in nearly two years, while other consumer-related stocks benefited from extended loan interest subsidies in Mainland China.
<Research> G Sachs: Growth of BYD ELECTRONIC (00285.HK) Fueled by New Foldable Phones; Buy Rating Maintained
Short Selling Activity: BYD ELECTRONIC experienced short selling of $58.13 million, with a ratio of 22.645%, indicating significant market speculation against the stock.
Management's Optimism: The company's management anticipates that new foldable phones from a major client will have higher unit values, which could drive future growth.
AI Infrastructure Focus: BYD ELECTRONIC is optimistic about the AI infrastructure cycle and is actively seeking opportunities with both global and local clients.
Brokerage Rating: Goldman Sachs maintains a positive outlook on BYD ELECTRONIC's strategy, reiterating a "Buy" rating with a target price of $53.08.
HSI Declines by 203 Points; BABA-W Drops Over 2%; CKH HOLDINGS and BYD COMPANY Rise Amid Market Downturn
Market Performance: The HSI opened 203 points lower at 26,641, with declines in the HSCEI and HSTECH, reflecting a negative trend in the Hong Kong stock market.
Smartphone Shipment Forecasts: Major smartphone manufacturers, including Xiaomi, OPPO, vivo, and Transsion, have reduced their annual shipment forecasts, impacting their stock performances.
Tech Stock Movements: Notable tech stocks like Alibaba, Tencent, and Meituan experienced declines, while Baidu and BYD saw slight increases, indicating mixed performance in the tech sector.
Economic Indicators: China's M2 Money Supply YoY for December rose to 8.5%, and the GDP Growth Rate QoQ for Q4 improved to 1.2%, surpassing previous values and forecasts.
Citi Sets Target Price for LI AUTO-W (02015.HK) While Maintaining Neutral Rating
Company Expansion: LI AUTO-W is expanding into the robotics sector, focusing on 'embodied intelligence' and planning to develop humanoid robots and AI-driven hardware, according to a Citi Research report.
Valuation Methodology Update: Citi Research has updated its valuation methodology for LI AUTO-W, shifting from a pure PS ratio to a SOTP approach, resulting in increased target prices for its US stock and H-shares.
Market Performance Analysis: The report indicates that high-priced EV models show resilience to rising raw material costs, which may explain the recent outperformance of SERES compared to XPENG-W and BYD ELECTRONIC.
Broker Rating: Citi Research maintains a Neutral rating for LI AUTO-W amidst these developments.
G Sachs' Recommended Buy List for H Shares According to ERLI (Table)
Goldman Sachs Buy Stocks: Goldman Sachs released a list of Buy stocks in Hong Kong based on the Earnings Revision Leading Indicator (ERLI), including notable companies like AIA, Xiaomi, and HKEX.
Stock Performance: The report highlighted various stocks with their respective short selling data, showing significant short selling ratios for companies like Ping An and JD Logistics.
Market Reactions: AIA received positive outlook from Haitong International, which raised its target price, indicating optimism about its growth prospects for 2026/2027.
Short Selling Trends: The report detailed short selling activities across multiple stocks, with varying ratios indicating market sentiment and potential investor strategies.
HSI Rises by 97 Points Driven by Demand for Chip, AI, and Robotics Stocks; HUA HONG SEMI Gains 5%
Market Performance: The Hong Kong stock market saw a rebound with the HSI rising 0.4% to 26,585, driven by the US-Europe dispute over Greenland and a total market turnover of HKD250.451 billion.
AI and Tech Stocks Surge: The launch of the new DeepSeek model, MODEL1, boosted AI and chip-related stocks, with notable gains from companies like SENSETIME-W and INSILICO, while some stocks like UNISOUND experienced declines.
Chinese Exports Growth: China's exports in December increased by 6.6% year-on-year, surpassing the previous value of 5.9% and exceeding forecasts of 3%.
Mixed Performance Among Major Tech Firms: BIDU-SW launched a new AI feature and saw a 3.3% stock increase, while other tech giants like TENCENT and JD-SW had modest gains, and NTES-S faced a significant decline of 3.7%.
HSI Declines by 76 Points Amid Weakness in AI and Chip Stocks; POP MART Surges 9%
US Stock Market Impact: President Trump's threat to impose "Greenland tariffs" negatively affected US stock futures, leading to a decline in Hong Kong stocks, with the HSI down 0.3% and significant drops in major tech stocks like Tencent and Meituan.
Tech Sector Performance: Major tech companies experienced losses, with Tencent and Meituan dropping 1.5% and 1.2%, respectively, while JD and Bilibili saw slight gains. AI-related stocks had mixed results, with Knowledge Atlas plunging 7.4%.
Mobile and Chip Sector Declines: Mobile component stocks like AAC Tech and Sunny Optical fell over 3%, while chip sector stocks, including SMIC and Innosilicon, also experienced declines of up to 3.6%.
Consumer Stocks Surge: Consumer stocks rose, particularly Pop Mart, which surged 9.1% after repurchasing shares for the first time in nearly two years, while other consumer-related stocks benefited from extended loan interest subsidies in Mainland China.
<Research> G Sachs: Growth of BYD ELECTRONIC (00285.HK) Fueled by New Foldable Phones; Buy Rating Maintained
Short Selling Activity: BYD ELECTRONIC experienced short selling of $58.13 million, with a ratio of 22.645%, indicating significant market speculation against the stock.
Management's Optimism: The company's management anticipates that new foldable phones from a major client will have higher unit values, which could drive future growth.
AI Infrastructure Focus: BYD ELECTRONIC is optimistic about the AI infrastructure cycle and is actively seeking opportunities with both global and local clients.
Brokerage Rating: Goldman Sachs maintains a positive outlook on BYD ELECTRONIC's strategy, reiterating a "Buy" rating with a target price of $53.08.
HSI Declines by 203 Points; BABA-W Drops Over 2%; CKH HOLDINGS and BYD COMPANY Rise Amid Market Downturn
Market Performance: The HSI opened 203 points lower at 26,641, with declines in the HSCEI and HSTECH, reflecting a negative trend in the Hong Kong stock market.
Smartphone Shipment Forecasts: Major smartphone manufacturers, including Xiaomi, OPPO, vivo, and Transsion, have reduced their annual shipment forecasts, impacting their stock performances.
Tech Stock Movements: Notable tech stocks like Alibaba, Tencent, and Meituan experienced declines, while Baidu and BYD saw slight increases, indicating mixed performance in the tech sector.
Economic Indicators: China's M2 Money Supply YoY for December rose to 8.5%, and the GDP Growth Rate QoQ for Q4 improved to 1.2%, surpassing previous values and forecasts.
