星展集團研究分析師在一份報告中表示，立訊精密作爲iPhone的核心供應商，其核心業務可能比其他普通安卓手機ODM更具韌性。受存儲芯片短缺以及中低端安卓智能手機和平板電腦復甦放緩影響，立訊精密正面臨出貨量下降和工廠利用率走弱的問題。但包括蘋果在內的高端客戶應能支撐其電子元器件業務，新產品導入、客戶份額增長以及越來越多地參與AI可穿戴設備有望抵消部分拖累。星展維持持有評級和64元目標價。

Hong Kong stocks closed lower; the Hang Seng Index fell 0.93% and the Hang Seng Tech index dropped 0.92% on turnover of HKD 209.67 bln. The HSI opened around 25,652, slid to an intraday low of 25,363 — breaching the 10- and 20-day moving averages — briefly rallied to about 25,466 near the 10-day mid‑afternoon before slipping again into the close. Sector moves: optical communications, memory/storage, AI recent listings and PCB names led gains; semiconductors, department stores and media also advanced. Advertising, gold, SaaS and mainland property stocks corrected; coal, autos and mainland banks weakened. Notable stock moves: 00068.HK up ~30%; 06166.HK and 03308.HK up >20%. 09903.HK down ~11.5%; 02513.HK down 5.3%; 09888.HK (Baidu) and 09863.HK (Leapmotor) down about 4.6%.

CSI Convertible Bond Index closed up 0.50% with turnover of 51.049 bln yuan. Top gainers: Wanxun convertibles +20.00%, Jindi +12.27%, Fuxin +11.73%, Haomei +10.83%, Benchuan +9.82%. Largest decliners: Yitian -6.68%, Dongya -2.73%, Chunfeng -1.73%, Shangtai -1.59%, Jinlang 02 -1.53%.