Apple (AAPL.US) 's 2FQ results have beaten expectations. The company expected overall revenue to post low-single-digit growth and iPhone sales in China to rebound in 3FQ. Apple shares hiked 6% to US$183.46 in after-hours following the results announcement.
Apple concept stocks listed in Hong Kong also advanced. SUNNY OPTICAL (02382.HK) +1.600 (+4.005%) Short selling $35.85M; Ratio 15.963% opened 5.1% higher today (3 May) and peaked at $42.5. It trades now at $41.75, mounting 4.51%, with a volume of 2.5088 million shares, involving $105 million.
AAC TECH (02018.HK) +0.300 (+1.188%) Short selling $16.85M; Ratio 27.728% opened 3.96% higher and once reached $26.3. It now trades at $26.15, rising 3.56%, with 984,700 shares traded, involving $25.6901 million. COWELL (01415.HK) +0.460 (+2.564%) Short selling $4.13M; Ratio 12.443% opened 1.45% higher and logged a high of $18.46. It is now trading at $18.4, elevating 2.56%, with 483,000 shares traded, involving $8.8633 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-03 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
