On July 10, FIT Hon Teng fell 5.16% in regular trading, trading at HK$6.05/share, with turnover of HK$189 million. The stock has posted significant cumulative losses since June 26 as pessimistic expectations remain in the process of being digested.

On the news front, Apple previously announced global price increases of 17% to 25% across Mac, iPad, and other hardware product lines to offset memory and storage cost pressures, marking its largest global repricing action in recent years. Goldman Sachs subsequently cut its global smartphone shipment forecast by 4% to 1.14 billion units, with the year-over-year decline widening from -6% to -10%. Market concerns over shrinking end-demand and declining supply chain order visibility continue to ferment.

Within the Electronic Components sector, divergence intensified. VGT fell 13.02%, KB Laminates fell 6.65%, Kingboard Holdings fell 5.94%, while Luxshare ICT edged up 0.88% and CCTC rose 5.62%. As a core Apple supply chain member, FIT Hon Teng remained under persistent selling pressure amid the broader sector weakness.

(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.)