Hong Kong stock concept tracking | Over 2 million people pre-book Huawei Mate 70. The mobile phone industry chain closely monitors the development of Huawei Technology (with concept stocks attached).
In the first three quarters of 2024, the shipment volume of Huawei's flagship smartphones increased by 71% year-on-year.
On the morning of November 18th, Yu Chengdong, Executive Director and Chairman of the Terminal BG of Huawei, wrote, "Everyone has been waiting for a long time. On November 26th at 14:30, I will live stream on Yu Chengdong's video account!"
At 12:08 on November 18th, the highly anticipated Huawei annual flagship series Huawei Mate 70 series officially started pre-orders.
According to Huawei's official website, within 5 minutes of the opening, over 270,000 people have already made a reservation. As of 8:15 this morning, the number of reservations has exceeded 2 million.
It is understood that the Huawei Mate 70 will be equipped with a new Kirin chip and will be the first to come with the Huawei HarmonyOS operating system. Yu Chengdong has previously stated that the Mate 70 series is the "most powerful Mate" in history.
Data released by Huawei earlier showed that in the first three quarters of 2024, the shipment volume of Huawei flagship phones increased by 71% compared to the same period last year.
IDC reported that in the third quarter, Huawei's market share in China was 15.3%, ranking third, with double-digit year-on-year growth for four consecutive quarters.
Denpa Securities research report pointed out that with Huawei gradually releasing new models such as foldable phones, nova 13, and Mate 70, Huawei's phone sales are expected to further increase, benefiting the related supply chain.
Related Hong Kong stocks in the Huawei phone industry chain include:
SUNNY OPTICAL (02382), BYD ELECTRONIC (00285), Q TECH (01478), COWELL (01415), etc.
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