On July 13, Sunny Optical Technology fell 3.04% in regular trading, trading at HK$54.15/share, with turnover of HK$337 million. The decline came as the electronic components sector faced broad selling pressure amid deteriorating global smartphone shipment expectations.

According to IDC data, global smartphone shipments are projected to decline 12.9% year-over-year to 1.1 billion units, marking the lowest annual level in over a decade. Additionally, major Chinese smartphone manufacturers have again revised down shipment targets to suppliers, as component shortages and rising costs continue to disrupt production planning and delivery schedules.

Capital flows also reflected bearish sentiment, with southbound funds accumulating a net reduction of 27.695 million shares over the past 20 trading days. Within the Electronic Components sector, KB Laminates fell 17.44%, Kingboard Holdings fell 15.65%, Lingyi iTech fell 10.80%, and CCTC fell 2.19%.

(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.)