Express News | Galaxy Securities: Apple's industry chain is expected to continue to exceed expectations in the next three years, bullish on the performance growth of related supply chain companies.
Apple's market cap evaporated nearly $100 billion overnight, analysts say iPhone 16's first sales fell below expectations.
Surprise! iPhone 16 series, first weekend pre-order sales dropped by 12.7%?
Tianfeng International analyst Guo Mingcheng stated that the pre-ordered sales of the iPhone 16 series in the first weekend are estimated to be around 37 million units, a decrease of about 12.7% compared to the first weekend sales of the iPhone 15 series last year, primarily due to lower-than-expected sales of the iPhone 16 Pro series.
Guo Mingji: The iPhone 16 series has a pre-order volume of approximately 37 million units in its first weekend, which is 12.7% less than the iPhone 15 series.
Analyst Guo Mingji of Tianfeng International Securities said that the demand for Apple (AAPL.US) iPhone 16 Pro and iPhone 16 Pro Max is lower than expected, but compared to the previous generation iPhone, the sales volume of iPhone 16 and iPhone 16 Plus is higher. Overall, the first weekend pre-orders for the iPhone 16 series are approximately 37 million units, a decrease of about 12.7% compared to the iPhone 15 series. Guo Mingji analyzed based on the shipping time on the Apple website and supply chain investigations during the past weekend.
Hang Seng Index rose 167 points in the morning, with gains from Meituan and Xiaomi. Mainland real estate and pharmaceutical stocks also went up.
The market anticipates a rate cut in the United States next week, with the Dow rising 235 points or 0.6% overnight, and the Nasdaq rising 1%. Hong Kong stocks rose in early trading, with the Hang Seng opening 57 points higher. It briefly rose 300 points to 17,542 points and rose 167 points or 1% by midday, closing at 17,408 points. The HSCI rose 25 points or 0.7% to 3,501 points. The total turnover of the market reached 51.979 billion yuan in the first half of the day.
Hong Kong stock market midday review | The three major indices are all up, with the Hang Seng Index rising nearly 1%; golden industrial concept stocks and biotechnology stocks are strong, with Zijin Mining Group up nearly 5% and Akeso continuing to rise n
The three major stock indexes in the Hong Kong stock market continued the rebound momentum from yesterday in the morning session. The Hang Seng Index and the HSI Index rose 0.97% and 1.05%, respectively. At one point during the session, both indexes reached a high of 1.8%. The Hang Seng Tech Index increased by 0.74%, returning to 3500 points.