On June 29, FIT HON TENG declined 5.16% in regular trading, reaching 6.62 HKD per share with turnover of approximately 147 million HKD, extending a notable pullback from its June 3 high.

On the news front, Apple recently announced a global price increase of 17% to 25% across Mac, iPad, and other hardware products to address unprecedented memory and storage chip shortages driven by AI data center expansion. The move has triggered widespread concern over weakening end-market demand and reduced order visibility for supply chain companies. Meanwhile, a SemiAnalysis report suggesting CPO mass production may be delayed to 2028 or even 2029 continues to weigh on sentiment, with market disagreement over the timeline unresolved despite NVIDIA executives publicly reaffirming their second-half delivery plans.

FIT HON TENG's dynamic price-to-earnings ratio remains at approximately 42x, above the electronic components industry average. Additional selling pressure persists following Board Chairman Lu Songqing's earlier disposal of shares at approximately 10.05 HKD per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)