Apple's suppliers in HK, Taiwan rise tracking strength of iphone maker

Catcher Technology Co

02/05/2019 05:22

** Shares of Apple Inc's suppliers in Hong Kong rise, 
tracking a rally in the iphone maker's stock after its services
revenue beat Wall Street expectations and it forecast an upbeat
third quarter 
    ** Apple Inc  AAPL.O  shares rose nearly 5 pct on Wednesday,
pushing its market valuation back toward $1 trillion as its
quarterly report and upbeat forecast soothed investors worried
about falling iPhone sales  urn:newsml:reuters.com:*:nL3N22D1RG urn:newsml:reuters.com:*:nL1N22C1YH
    ** In Hong Kong, BYD Electronic International  0285.HK 
surges as much as 6.4 pct to HK$14.92, the highest since Mar.
29, 2018  
    ** Stock of acoustic component maker AAC Technologies
Holdings  2018.HK  rise as much as 3.2 pct to HK$52.3, on track
to end its two sessions of decline, and as Singapore's GIC ups
stake in the firm to 5.02 pct from 4.97 pct  urn:newsml:reuters.com:*:nS7N22401B
    ** Sunny Optical Technology  2382.HK  gained 1.5 pct 
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  edges down 0.1 pct, and the benchmark
index  .HSI  gains 0.6 pct
    ** In Taiwan, Apple's biggest iPhone assembler Foxconn
 2317.TW  edged up 0.5 pct, integrated touch display provider
General Interface Solution  6456.TW  climbs as much as 2 pct
    ** Casing maker Catcher Technology  2474.TW  climbs as much
as 2.7 pct and lens set maker Largan Precision  3008.TW  gains
1.3 pct 


 ((Reuters Messaging:
donny.kwok.thomsonreuters.com@reuters.net))