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Express News | FIH Mobile - Execustar Has Agreed to Sell 62.15% of Equity Interests in Fih Precision Electronics for $305.2 Mln
Trump's softened stance towards China boosts Hong Kong stocks with two main lines! Leading fruit chain companies surged over 6%, and tech giants followed suit.
① How significant is the profit elasticity of Apple supply chain companies with respect to tariff exemptions? ② How do Institutions view the future performance of Technology stocks?
Market Update | Apple Supplier stocks are strengthening, BYD Electronics has risen over 4%, and Trump's tariff policy is expected to ease; Institutions say the Industry Chain will continue to operate steadily.
In terms of news, USA President Trump spoke publicly on Tuesday local time, acknowledging that the current tariffs on imported Commodities from China are too high, and it is expected that the tax rate will be significantly reduced.
FIH: 2024 ANNUAL REPORT
In the first quarter, the Global Smart Phone market showed weak recovery, and stocks in the mobile phone industry declined generally, with AAC TECH (02018) falling by 6.28%.
Jinwu Financial News | Mobile industry stocks fell across the board, with AAC TECH (02018) down 6.28%, BYD Electronics (00285) down 3.83%, Q TECH (01478) down 3.35%, SUNNY OPTICAL (02382) down 3.05%, TONGDA GROUP (00698) down 2.74%, FIH (02038) down 2.70%, and COWELL (01415) down 2.36%.
[Brokerage Focus] CITIC SEC: Trump announced the exemption of certain products from "reciprocal tariffs", the supply chain and computing power are expected to experience a rebound from overselling.
Jinwu Financial News | CITIC SEC stated that on the evening of April 11, Eastern Time, the U.S. Customs announced that based on the memorandum signed by President Trump on that day, no tariffs would be imposed on 20 tax numbers under Administrative Order No. 14257 (specifically the "reciprocal tariffs" order published on April 2, as well as the revised orders published on April 8 and April 9). The list includes Integrated Circuits, Semiconductors, flash memory, Smart Phones, tablet computers, laptops, display modules, and some Electronic Components. The bank believes that China possesses a mature and complete supply chain for Consumer Electronics, and that the USA had previously imposed tariffs.
Pmacshark : Time to push