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<Research>CMBI Favors XIAOMI-W/ AAC TECH/ SUNNY OPTICAL/ BYD ELECTRONIC/ Q TECH, Planning to Seek Quality Targets After Industry Chain Firm Adjustments
Recommend 49 Positive 86 Negative 40 |
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According to a report from CMBI, the US President announced last Thursday (April 3), Hong Kong time, a 10% tariff on all imports and additional reciprocal tariffs on 60 countries (34% on China, 46% on Vietnam, 26% on India, and 20% on the EU). In general, the broker believed that the scale and speed of the new tariffs exceeded market expectations. As for brands, CMBI predicted XIAOMI-W (01810.HK) to be less affected due to its limited share of smartphone/ vehicle revenue share in the US. Overall, the broker expected a short-term negative reaction from the tech industry. It plans to seek quality targets after the current stock price adjustments of industry chain companies. The stocks favored by CMBI included XIAOMI-W, AAC TECH (02018.HK), SUNNY OPTICAL (02382.HK), BYD ELECTRONIC (00285.HK), and Q TECH (01478.HK). AAStocks Financial News |
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