HK Stock Market Move | Luxshare Precision Industry (02475) surged over 5% as the iPhone 18 series is set to be released this week. Citigroup expects the company to receive over 30% of the capacity allocation.

Luxshare Precision Industry (02475) rose over 5%; as of the time of writing, it is up 4.15%, priced at HKD 61.45, with a transaction volume of HKD 194 million. In terms of news, according to market media reports, the iPhone 18 series is expected to be released on September 9 US time. Citigroup has published a research report predicting that Apple's first foldable iPhone (most likely to be named the iPhone Ultra) will have a starting price of USD 2,000, and the iPhone 18 Pro/Pro Max will cost USD 200 more than the previous generation models. Major upgrades may include: A20 chip, Pro/Pro Max models equipped with a variable aperture main camera, and Apple's self-developed modem; the Ultra model will feature a design with dual front cameras and dual rear cameras, while the inward folding screen will use OLED/UTG cover glass, and there will be increased materials for the battery/VC heat sink/structural components. Citigroup forecasts that shipments for the iPhone 18 Fold will reach 5 million units in the second half of 2026 and 2.3 million units in the first quarter of 2027. Total shipments of iPhones in 2027 are expected to reach 263 million units (a year-on-year increase of 7%). Among these, Luxshare Precision Industry is expected to receive 33% of the capacity allocation for the Pro/Pro Max models (compared to 27% for the new models in the second half of 2025).