ET Net News Service reported on the 13th: Lenovo Group (00992) is currently down 4.1%, trading at HK$31.02; Kingboard Laminates Holdings (01888) fell 5%, trading at HK$44.48; Yangtze Optical Fibre and Cable (06869) dropped 3.4%, trading at HK$150.8; Zhongji Innolight (03308) declined 2.9%, trading at HK$876.5.
According to preliminary estimated data released by Counterpoint Research, due to shortages in memory chip supply and soaring costs, smartphone manufacturers have raised product prices, leading to a 20% year-on-year decline in global smartphone shipments in the third quarter, the lowest level for a third quarter since 2012.
Overnight, Wall Street chip stocks continued to face pressure, with Sandisk plunging 6%, Micron Technology down 3.9%, Intel falling 3.2%, and NVIDIA dropping 1.3%. The weakness in chip stocks dragged down AI equipment stocks.
Currently, the Hang Seng Index stands at 24,181, down 89 points or 0.4%, with main board turnover exceeding HK$19.1 billion. The Hang Seng China Enterprises Index is at 8,137, down 30 points or 0.4%. The Hang Seng Tech Index is at 4,114, down 55 points or 1.3%. (vs)
According to preliminary estimated data released by Counterpoint Research, due to shortages in memory chip supply and soaring costs, smartphone manufacturers have raised product prices, leading to a 20% year-on-year decline in global smartphone shipments in the third quarter, the lowest level for a third quarter since 2012.
Overnight, Wall Street chip stocks continued to face pressure, with Sandisk plunging 6%, Micron Technology down 3.9%, Intel falling 3.2%, and NVIDIA dropping 1.3%. The weakness in chip stocks dragged down AI equipment stocks.
Currently, the Hang Seng Index stands at 24,181, down 89 points or 0.4%, with main board turnover exceeding HK$19.1 billion. The Hang Seng China Enterprises Index is at 8,137, down 30 points or 0.4%. The Hang Seng Tech Index is at 4,114, down 55 points or 1.3%. (vs)
