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Handset Gear Stocks Hyped Up by CN Subsidies; SUNNY OPTICAL Up 7%; AAC TECH Sets ~3.5Yr High
Given the support of “national subsidies” offered by the Chinese government, sales of electronic products such as mobile phones and tablets were baking hot during the S...
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Handset Gear Stocks Hyped Up by CN Subsidies; SUNNY OPTICAL Up 7%; AAC TECH Sets ~3.5Yr High
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Given the support of “national subsidies” offered by the Chinese government, sales of electronic products such as mobile phones and tablets were baking hot during the Spring Festival holiday in mainland, propelling a number of mobile phone equipment stocks to thrive this morning (6th).

HK blue chip SUNNY OPTICAL (02382.HK)  +1.400 (+1.962%)    Short selling $127.41M; Ratio 23.673%   opened 0.1% higher this morning (6th) and charted capital absorption, peaking at HK$77.45, hitting an about-1.5-year high. It last printed at HK$77.45, up 7.05%, with a turnover of $487 million. Another blue chip, BYD ELECTRONIC (00285.HK)  -0.700 (-1.737%)    Short selling $62.10M; Ratio 13.680%   , also leaped 4.2% to HK$46.85, with a turnover of HK$309 million.

Related NewsCICC Chops Earnings Forecast for BYD ELECTRONIC on M&A Costs, Raises TP by 22% to $46.51
In addition, AAC TECH (02018.HK)  -0.750 (-1.592%)    Short selling $11.36M; Ratio 11.333%   opened higher and trended higher, peaking at HK$46.35, setting an almost-3.5-year high. It last stood at $45.95, up 4.08%, with a turnover of $267 million.

COWELL (01415.HK)  +0.900 (+3.136%)    Short selling $1.31M; Ratio 3.005%   rallied 8.6% to HK$28.5 with a turnover of HK$121 million.

Q TECH (01478.HK)  -0.020 (-0.269%)    Short selling $1.69M; Ratio 7.795%   opened lower but trended higher by 2.3% at $8.08, with a turnover of $37.1381 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-01 12:25.)

Related NewsBofAS Chops BYD ELECTRONIC (00285.HK) TP to $51 as 2H24 Profit Misses

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