HK Stock Market Move | Apple concept stocks generally rose, FIT HON TENG (06088) rose more than 4%, Sunny Optical (02382) rose more than 3%

Apple concept stocks generally rose. As of the deadline, FIT HON TENG (06088) rose by 4.23% to 5.92 Hong Kong dollars; Sunny Optical (02382) rose by 3.44% to 79.7 Hong Kong dollars; Q TECH (01478) rose by 3.29% to 15.09 Hong Kong dollars; Lens Technology (06613) rose by 2.15% to 26.56 Hong Kong dollars. On the news front, according to the "MIIT Micro News" report, on October 15, Minister of the Ministry of Industry and Information Technology Li Lecheng met with Apple CEO Tim Cook in Beijing. The two sides exchanged views on the development of Apple's business in China, strengthening cooperation in the electronic information field, and other topics. Cook thanked the Ministry of Industry and Information Technology for its support of Apple's development in China, and stated that it will continue to increase investment in China, further enhance the level and scope of cooperation with China, and achieve mutually beneficial development. In addition, Huafu Securities recently pointed out that the impact of tariffs on fruit chain equipment companies should not be overestimated. Apple has very strict requirements for suppliers, and domestic fruit chain companies are irreplaceable. For equipment companies, Apple may invest more resources in flexible automation, 3D printing, and other new equipment and technologies that are conducive to reducing costs and improving efficiency. They may also accelerate the promotion of high-end models, foldable screens, smart glasses, and other new products, which will also benefit the construction and upgrade of related production lines.