On July 2, FIT Hon Teng declined 5.34% in regular trading, trading at HKD 6.74 per share, with turnover of HKD 104 million.

The decline was driven by a broad selloff across the electronic components sector, compounded by persistent concerns over Apple supply chain order visibility following Apple's rare global price hikes of 17% to 25% on Mac, iPad, and other product lines. 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%, citing memory chip cost inflation as the primary driver.

Within the Electronic Components sector, KB Laminates fell 13.87%, VGT dropped 12.31%, Kingboard Holdings declined 9.41%, and Lens Technology lost 5.08%, reflecting systematic sector-wide selling pressure. As an Apple supply chain member, FIT Hon Teng continues to face headwinds from weakening terminal demand expectations and reduced order visibility, with the stock's dynamic P/E of approximately 42x still above the sector average.

(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.)