HK-listed AAC Tech top drag among Apple's suppliers in greater China

Catcher Technology Co

09/07/2019 06:06

** Shares of Apple's  AAPL.O  suppliers in greater China are
down, with AAC Technologies  2018.HK  declining 3.2% to HK$42.25
— their lowest since June 26    
    ** Apple Inc  AAPL.O  led U.S. technology shares lower on
Monday after a brokerage downgrade  urn:newsml:reuters.com:*:nL4N2492DJ 
    ** Rosenblatt Securities downgraded iPhone maker to "sell"
from "neutral", and said it expected the company to face
"fundamental deterioration" in the next six to 12 months 
 urn:newsml:reuters.com:*:nL2N2490W3
    ** Hong Kong-listed Cowell e Holdings  1415.HK  falls 2.1%,
while Sunny Optical  2382.HK  eases 1%
    ** Shenzhen-listed Goertek  002241.SZ  and Taiwan-listed
Genius Electronic  3406.TW  fall 3%
    ** Flexium  6269.TW  declines 2.5%, Largan Precision
 3008.TW  slides 2.3%, Catcher Technology  2474.TW  eases 1.7%,
and Hon Hai Precision  2317.TW  is down 1.3% 
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  drops 1.2%, and the benchmark index
 .HSI  slides 0.8%

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