China, HK-listed Apple suppliers fall as US court reinstates Trump tariffs

Sunny Optical Technology Co

30/05/2025 07:46

** Shares of Apple's AAPL.O suppliers listed in mainland China and Hong Kong fall after a U.S. federal appeals court temporarily reinstates Trump's tariffs

** In China, Luxshare Precision Industry 002475.SZ, Lens Technology 300433.SZ, Goertek Inc 002241.SZ fall between 2.9% and 3.8%

** Blue-chip CSI 300 Index .CSI300 and Shanghai Composite Index .SSEC slip 0.3%

** In Hong Kong, Cowell e Holdings 1415.HK, AAC Tech 2018.HK, Sunny Optical 2382.HK and BYD Electronic 0285.HK drop between 2.4% and 5.7%

** Hang Seng Tech Index .HSTECH declines 2.8%, Hang Seng Index .HSI falls 1.6%

** On Wednesday, a U.S. trade court ruled that Trump had exceeded his authority in imposing the duties and blocked them

** The appeals court in Washington had ordered the plaintiffs in the cases to respond by June 5 and the administration by June 9

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))