Apple concept stocks declined broadly across the market. As of press time, COWELL (01415) fell 5.32% to HK$36.64; FIH (02038) dropped 5.05% to HK$17.66; BYD ELECTRONIC (00285) declined 4.28% to HK$41.58; Q TECH (01478) fell 3.33% to HK$15.98.

On the news front, Counterpoint previously released a report stating that China's smartphone market sales declined 2% year-over-year in the first eight weeks of the third quarter of 2025. This was attributed to promotional activities and government subsidy policies that intensified competition in the mid-to-high-end market, with consumers increasingly favoring mid-to-high-end products. The research firm expects China's smartphone market to decline slightly in the third quarter of 2025, while full-year performance is expected to remain roughly flat.

Notably, OpenAI previously reached a strategic cooperation agreement with Luxshare Precision, a leading company in Apple's supply chain. Lyon stated that considering OpenAI's device team core members are from Apple, its choice to collaborate with Apple supply chain companies is reasonable. The firm expects these measures to bring new growth momentum to existing Apple supply chain enterprises.