机构看好折叠屏及新型可穿戴！消费电子ETF跌1.1%，东山精密下跌4.66%

Market Performance - On October 23, A-shares experienced a collective decline, with the Shanghai Composite Index dropping by 0.69% during the session [1] - Sectors such as coal, petrochemicals, and ports showed positive performance, while communication equipment and engineering machinery faced significant declines [1] Consumer Electronics Sector - The Consumer Electronics ETF (159732) fell by 1.1%, with notable declines in component stocks such as Dalian Technology down 6.18%, Jinghe Integration down 4.87%, and Dongshan Precision down 4.66% [1] - Some individual stocks showed activity, with Heertai rising by 5.24% and Shunluo Electronics increasing by 2.84% [1] Industry Outlook - By July 2025, China's smartphone shipments are projected to reach 24.454 million units, reflecting a year-on-year growth of 10.3% [3] - Global PC shipments are expected to hit 69.914 million units in Q3 2025, marking an 8.21% year-on-year increase and a 10.58% quarter-on-quarter growth [3] - 2026 is anticipated to be a pivotal year for the foldable screen market, with rumors of Apple's foldable product potentially stimulating market discussions and demand [3] - New wearable devices launched this year are also expected to contribute to market recovery [3] ETF Information - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry, with a focus on electronic manufacturing, semiconductors, and optical electronics [3]