Movement Alert｜LUXSHARE ICT Declines 3.08% in Regular Trading, Post-Apple Event Selling Pressure Persists as BofA Cuts Earnings Forecast

Market Focus

Sep 17

On September 17, LUXSHARE ICT fell 3.08% in regular trading, trading at 56.75 HKD/share, with turnover of approximately 65.71 million HKD. The decline reflects ongoing profit-taking following Apple's autumn launch event and a weaker sector backdrop.

Apple's fall product unveiling on September 10 — featuring the iPhone 18 Pro series, the debut foldable iPhone Duo, and AirPods 5 — triggered a classic \"buy the rumor, sell the news\" pattern. LUXSHARE ICT had rallied in prior sessions on launch expectations, and short-term gains-taking has continued to weigh on the stock. Adding to the pressure, Bank of America Securities recently trimmed its full-year earnings forecast for the company by 5% citing upward pressure on raw material costs, lowering its A-share target price from 78 to 76 RMB while maintaining a Buy rating.

Within the Electronic Components sector, weakness was broad-based. KB Laminates fell 2.53%, Kingboard Holdings dropped 3.54%, VGT declined 3.65%, and CCTC slid 2.97%, while Crealights bucked the trend with a 13.24% gain.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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KB Laminates fell 2.53%, Kingboard Holdings dropped 3.54%, VGT declined 3.65%, and CCTC slid 2.97%, while Crealights bucked the trend with a 13.24% gain.</p><p>(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. 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The decline reflects ongoing profit-taking following Apple's autumn launch event and a weaker sector backdrop.</p><p>Apple's fall product unveiling on September 10 — featuring the iPhone 18 Pro series, the debut foldable iPhone Duo, and AirPods 5 — triggered a classic \\\"buy the rumor, sell the news\\\" pattern. LUXSHARE ICT had rallied in prior sessions on launch expectations, and short-term gains-taking has continued to weigh on the stock. Adding to the pressure, Bank of America Securities recently trimmed its full-year earnings forecast for the company by 5% citing upward pressure on raw material costs, lowering its A-share target price from 78 to 76 RMB while maintaining a Buy rating.</p><p>Within the Electronic Components sector, weakness was broad-based. KB Laminates fell 2.53%, Kingboard Holdings dropped 3.54%, VGT declined 3.65%, and CCTC slid 2.97%, while Crealights bucked the trend with a 13.24% gain.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02475","symbol_name":"立讯精密","start_time":0,"source_url":"","article_id":"1104615719","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104615719","pubTimestamp":1789628906,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On September 17, LUXSHARE ICT fell 3.08% in regular trading, trading at 56.75 HKD/share, with turnover of approximately 65.71 million HKD. 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Adding to the pressure, Bank of America Securities recently trimmed its full-year earnings forecast for the company by 5% citing upward pressure on raw material costs, lowering its A-share target price from 78 to 76 RMB while maintaining a Buy rating.Within the Electronic Components sector, weakness was broad-based. KB Laminates fell 2.53%, Kingboard Holdings dropped 3.54%, VGT declined 3.65%, and CCTC slid 2.97%, while Crealights bucked the trend with a 13.24% gain.(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. 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