Core Insights - The Apple supply chain is not a guaranteed profit zone, with companies facing significant risks from order cuts and market fluctuations [3][4] - Recent developments indicate a shift in the supply chain dynamics, with companies adapting to new policies and market demands [5][6] Group 1: Key Signals - Signal 1: Technological upgrades are crucial for maintaining competitive advantage, with companies like Luxshare Precision benefiting from higher margins on premium products [4][5] - Signal 2: The tariff policies in the U.S. create both challenges and opportunities, as companies balance between Chinese R&D and overseas assembly to mitigate costs [5][6] - Signal 3: The trend of "de-Apple-ization" is accelerating, with Apple cutting suppliers annually, but those that survive are often diversifying into other sectors like automotive [7][8] Group 2: Investment Strategies - Avoid companies overly reliant on Apple, particularly those with over 70% dependency, as they are vulnerable to order cuts [8][9] - Focus on companies providing unique technologies or products that are not easily replaceable, such as specialized components for electric vehicles [8][9] - Monitor financial reports for new business growth and order allocations before major Apple product launches to identify potential investment opportunities [9]

大宗商品研究所 农产品研发报告 农产品日报 2024 年 05 月 12 日 研究员：刘倩楠 Z0014425 联系方式： :liuqiannan_qh@chinas tock.com.cn 苹果日报 第一部分 市场信息 | 现货价格 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 指标 | 今日价格 | 下一工作日份 | 涨跌 | 指标 | 今日价格 | 上一工作日份 | 张跌 | | 格 | | | | | | 格 | | | 宮千葉県が掲指数 | 115.09 | 115.24 | -0.15 | 洛川半商品纸袋70 | 4.30 | 4.30 | 0.00 | | 栖霞 一、二级纸袋 80 | 4.10 | 4.10 | 0.00 | 沂源纸袋70 | 2.40 | 2.40 | 0.00 | | 蓬莱 一、二级纸袋 80 | 4.20 | 4.20 | 0.00 | 6种水果平均批发价 | 7.92 | 8.01 | -0.09 | | 期货价格 | | | | | | | | | 指标 | रेनरि | 昨收 ...

免责声明： 文章中的数据和资料来自于公司财报、券商研报、行业报告、企业官网、公众号、百度百科等公开资料， 本人力求报告文章的内容及观点客观公正，但不保证其准确性、完整性、及时性等。文章中的信息或观点不构成任何 投资建议，投资人须对任何自主决定的投资行为负责，本人不对因使用本文内容所引发的直接或间接损失负任何责 任。 另外特别说明，我们尊重知识产权，如认为内容侵犯您的权益，请及时在后台联系我们（可私信"侵权沟通"获得我们 的联系方式），我们将第一时间核查处理。 公司上市首日最大的炒作亮点在于超低的单价和较小的流通市值，15倍发行估值相较于沪深同行宝钛股 份(26倍)和西部超导(38倍)也存在比较明显的估值差，不考虑短期基本面情况，以30-40倍PE作为二级市 场对该行业的定价， 股价在8-12元左右 。从打新的角度来看，原则上应当在 首日冲高落袋 ，具体价位 更多是看盘间情绪炒作到何种程度。 从二级市场炒作来看，由于公司的钛材主要还是应用在3C电子产品上，股票相关题材包括消费电子、苹 果概念、3D打印等，以及终端苹果产品带来的出海相关概念。按照过往规律， 5月/9月是3C电子厂商比 较集中的春季/秋季新品发布会 ...

Group 1: Market Reaction to US-China Trade Talks - The joint statement from the US-China Geneva trade talks led to a significant rise in Hong Kong's stock indices, with the Hang Seng Index increasing by 2.98%, the Hang Seng China Enterprises Index rising by 3.01%, and the Hang Seng Tech Index surging by 5.16% [1] Group 2: Performance of Apple-Related Stocks - Apple-related stocks saw substantial gains, with notable increases such as Highway Electronics up 18.45%, AAC Technologies up 15.37%, Sunny Optical Technology up 14.83%, and Q Tech up 13.45% [1] Group 3: Apple Price Cuts and Future Strategy - Apple announced price cuts for the iPhone 16 Pro Max by $160 and the iPhone 16 Pro by $176, with a shift in its iPhone release strategy starting in 2026, introducing base models in the first half and Pro, ultra-thin, and foldable models in the second half [1] Group 4: Technology Sector Performance - Technology-related stocks, including short video, cloud computing, and gaming sectors, experienced gains, with companies like Weimob up 7.74%, Bilibili up 6.63%, and JD.com up 6.39% [2] Group 5: Brokerage Stocks Surge - Chinese brokerage stocks saw collective gains, with Hongye Futures up 14.44%, CICC up 7.24%, and China Galaxy up 6.73%, attributed to recent interest rate cuts that enhance market liquidity [2] Group 6: Port Transportation and Automotive Stocks - Port transportation stocks performed well, with COSCO Shipping Holdings up 8.52% and COSCO Shipping Energy up 4.34%. Additionally, electric vehicle stocks like BYD Electronics rose by 13.79% and Xpeng Motors by 10.64% [3] Group 7: Decline in Biopharmaceutical and Gold Stocks - Biopharmaceutical stocks fell, with BeiGene down 8.97% and Zai Lab down 5.51%, influenced by US policy changes aimed at reducing drug prices. Gold stocks also declined, with Lingbao Gold down 11.23% following a drop in spot gold prices [4]

苹果概念港股午后涨幅扩大。截至发稿， 高伟电子(01415.HK)涨近18%， 比亚迪电子(00285.HK)涨 15%， 舜宇光学科技(02382.HK)涨15%， 瑞声科技(02018.HK)涨14%。 ...

A股三大指数今日集体上涨，截至收盘，沪指涨0.82%，深成指涨1.72%，创业板指涨2.63%，北证50指 数涨2.89%。全市场成交额13409亿元，较上日放量1185亿元。全市场超4100只个股上涨。板块题材 上，军工、机器人、苹果产业链、轨交设备、光伏设备、固态电池板块涨幅居前；贵金属、农业、创新 药、电力、饮料制造板块跌幅居前，盘面上，军工股今日再度大涨，七丰精工、昆船智能（301311）、 中航成飞（302132）、晨曦航空（300581）、航天南湖等超20股涨停。受中美谈判利好消息影响，苹果 产业链个股今日集体反弹，蓝色科技、立讯精密（002475）、歌尔股份（002241）涨幅居前。机器人表 现同样活跃，拓斯达（300607）20cm涨停，埃夫特涨超10%，三丰智能（300276）、亿嘉和 （603666）、埃斯顿（002747）跟涨。创新药概念股今日集体走弱，迈威生物跌超10%，百济神州跌超 9%，舒泰神（300204）、信立泰（002294）、恒瑞医药（600276）纷纷下跌。黄金股亦表现落后，西 部黄金（601069）、四川黄金（001337）、晓程科技（300139）跌幅居前。 ...

大宗商品研究所 农产品研发报告 乾县—旬邑—白水—洛川—富县—黄陵—庆阳 第三部分 苹果产区情况介绍 陕西作为苹果的主产区，产量占到全国产量四分之一左右，而陕西主要的苹果 产区包括咸阳、铜川、渭南、延安以及宝鸡等地。根据卓创数据显示，2024 年陕西 苹果种植面积为 974 万亩，根据网上各个县市数据，咸阳苹果种植面积为 250 万亩 左右，铜川种植面积为 56 万亩，渭南种植面积为 130 万亩，延安的种植面积为 333 万亩。其中在本次调研计划中的几个县中，咸阳的乾县苹果种植面积为 37 万亩， 礼泉县 42 万亩，旬邑县 31 万亩；渭南的白水县 30 万亩；延安的洛川县 53 万亩， 富县 37 万亩，黄陵县 26 万亩，但是洛川和白水在陕西苹果具有较为重要的意义。 本次调研县市占到陕西总面积的四分之一左右，占全国总产量相对较小。 由于苹果树个体差异性很大，产区每个县的情况都不相同，同一县不同地方差 异也非常大，即使是同一块地相邻的两棵同种类的苹果树坐果情况都可能存在巨大 的差异，因此我们本次调研仅仅代表被调研地块的情况，而且果农的认知与预期也 都有一定的偏差，部分调研果农表现减产幅度较大的也仅仅代表 ...

Market Performance - The A-share market opened higher with all three major indices rising, with the Shanghai Composite Index up 0.54%, the Shenzhen Component Index up 1.14%, and the ChiNext Index up 1.75% as of 10:46 AM [1] - Over 3,600 stocks experienced gains, with sectors such as components, textiles, and electrical equipment leading the rise, while pharmaceuticals and banking sectors faced declines [1] - The FTSE China A50 Index futures surged, increasing by 0.95% at one point [1] Currency Movement - The offshore RMB saw a sudden increase, with the USD to offshore RMB exchange rate dropping over 200 points, reported at 7.2253 as of 10:49 AM [3] Sector Performance - Overseas concept stocks opened strongly, with textiles, the Apple supply chain, and CPO sectors leading the gains; Huafang Co. achieved five consecutive trading limits, while several other stocks rose over 5% [5] - In contrast, international gold prices experienced a significant drop, with COMEX gold futures falling by more than 2% after opening [5] Trade and Economic Relations - Dongfang Securities indicated a short-term easing of trade issues, leading to fluctuations in gold prices; while tariffs remain a core market concern, there is potential for marginal improvement [8] - The recent high-level economic talks between China and the U.S. on May 10-11 in Geneva resulted in constructive communication and significant consensus, which analysts believe will positively impact market sentiment [8] - The ongoing U.S.-China trade tensions have caused significant market volatility, but the positive momentum from the recent negotiations may alleviate some market concerns [8]

金十数据5月12日讯，港股早盘高开，恒指重回两万三关口上方，恒指收涨0.93%，报23079.88点；科指 收涨1.91%，报5279.28点。盘面上，电子零件板块领涨，苹果概念股强势，军工股再度走强，汽车股回 暖；黄金股走低，美国拟大降药价带崩港股生物医药板块。个股方面，舜宇光学科技(02382.HK)涨超 10%，小鹏汽车(09868.HK)、比亚迪电子(00285.HK)涨超5%，招商银行(03968.HK)涨3.5%；小米集团 (01810.HK)跌3.41%，周大福(01929.HK)跌超4%，百济神州(06160.HK)跌近8%，沪上阿姨(02589.HK)跌 10.4%。 港股午评：恒指重回两万三 苹果概念股强势 ...

Group 1 - The Hang Seng Index closed up 0.93%, while the Hang Seng Tech Index rose by 1.91% [1] - Apple-related stocks led the gains, with Sunny Optical Technology rising over 10% and AAC Technologies increasing by more than 9% [1] - The innovative drug sector experienced declines, with Genscript Biotech falling over 8% and BeiGene dropping more than 7% [1]