|Bid||169.800 x 0|
|Ask||170.200 x 0|
|Day's range||166.200 - 171.500|
|52-week range||65.350 - 185.000|
|PE ratio (TTM)||46.59|
|Earnings date||13 Nov 2017 - 17 Nov 2017|
|Forward dividend & yield||1.57 (1.12%)|
|1y target est||179.88|
Shares in Apple (AAPL) supplier AAC Technologies (2018.HK) jumped more than 7% to a record high in Hong Kong trading Friday morning. The rally came after the company, which makes acoustic components for the Cupertino giant’s iPhone, reported impressive third quarter results. The company attributed the strong growth to its acoustic segment and the launch of new flagship smartphones: Sales of the acoustic segment increased by 20% year-on-year, contributing 48% of total revenue, with growth mainly driven by increasing shipments of major products and the increase in the ASP caused by wider adoption of higher specification acoustic solutions, namely stereo sound designs and waterproof features.
Nov 10 (Reuters) - AAC Technologies Holdings Inc : * Nine months revenue up 43% to RMB13,968 million * 9-mnth net profit RMB 3.49 billion versus rmb2.46 billion Source text for Eikon: Further company ...
Hong Kong’s Hang Seng Index trimmed early losses as AAC Technologies Holdings Inc. and Tencent Holdings Ltd. rallied, overshadowing declines by the city’s developers.
Apple (AAPL) jumped more than 3% in after hours trading after its stellar fourth-quarter earnings report and outlook topped analysts' expectations. Attention now turns to Apple supply-chain companies, whose stock performance is highly correlated to that of the technology titan. Apple's flagship iPhone X started selling in Australia on Friday and the early signs are that demand will be very strong globally. In a conference call with analysts, Apple CEO Tim Cook stressed the importance of augmented reality on the new devices saying, "We believe AR is going to change the way we use technology forever." This demand for AR features is a boon for companies making those components — specifically, lens makers.
Betting against the short-sellers helped Gloria Lu’s fledgling hedge fund establish itself among Asia’s biggest stars of 2017.