Jinwu Financial News | Overnight, Apple in the US stock market closed down 2.84%, dragging down Apple concept stocks in the Hong Kong stock market today. As of press release, Gaowei Electronics (01415) fell 7.72%, BYD Electronics (00285) fell 3.5%, Ruisheng Technology (02018) fell 2.5%, Sunyu Optical Technology (02382) and Dongjiang Group Holdings (02283) fell more than 1%.
According to a new report, iPhone sales in China fell 24% in the first six weeks of 2024, ranking fourth among Chinese smartphone vendors, further highlighting the serious problems faced by Apple (APPLE) and other Western technology companies in key markets. Analysts at Counterpoint Research pointed out that the overall mobile market in China fell by 7%, including companies such as Apple, Oppo, and Vivo, which all experienced a decline.