HK Stock Market Move | Apple concept stocks rose in the morning, as the traditional peak season for mobile phones in the fourth quarter is approaching. Institutions are optimistic about consumer electronics opportunities in the background of AI intelligence.

Apple concept stocks rose in the morning session. As of the time of writing, FIT HON TENG (06088) rose by 10.27% to 4.83 Hong Kong dollars; FIH (02038) rose by 4.61% to 16.55 Hong Kong dollars; Q TECH (01478) rose by 3.01% to 15.04 Hong Kong dollars; COWELL (01415) rose by 2.94% to 32.9 Hong Kong dollars. On the news front, Apple released the iPhone 17 series, AirPods Pro 3, and Apple Watch Series 11 at the 2025 Fall new product launch event. CITIC SEC believes that the key highlights of the new products include the iPhone Air model, blood pressure detection on the watch, and real-time AI translation function on the headphones. The firm believes that Apple has continued to adopt a relatively stable pricing strategy for the new iPhone, with a starting point of 256GB across the line, maintaining the same starting price as the previous generation while upgrading product specifications. They are optimistic about the hardware innovation cycle and AI progress in 2025-27 for Apple. Tianfeng's research report indicates optimism for investment opportunities in endpoint AI under the background of policy support, industry leaders, and upcoming launch events. Apple's recent moves demonstrate its determination to innovate products in the area of endpoint AI, with the potential to exceed expectations in user experience and sales. It is recommended to pay attention to the Apple supply chain. Ping An Securities points out that with the traditional peak season for smartphones in the fourth quarter approaching, they are bullish on consumer electronics opportunities in the AI intelligence context.