Movement Alert|Lens Technology Falls 3.04% in Regular Trading, Electronic Components Sector Continues Collective Selling Pressure

Market Focus07-07 11:21

On July 7, Lens Technology fell 3.04% in regular trading, trading at HK$24.24/share, with turnover of HK$206 million.

On the news front, the electronic components sector extended its weakness, with peers Lingyi iTech down 7.04%, KB Laminates down 5.96%, Kingboard Holdings down 5.83%, and VGT down 5.37%, reflecting broad industry pressure. Goldman Sachs previously cut its global smartphone shipment forecast by 4% to 1.14 billion units, while Apple announced 15%-25% price increases across MacBook and iPad lineups due to surging chip costs. The terminal price hikes are expected to further suppress consumer demand, keeping the entire supply chain under sustained adjustment pressure.

Lens Technology's A-share listing also declined 1.27% in the prior trading session, indicating persistently weak short-term sector sentiment across both markets.

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