https://www.scmp.com/rss/517903/feed Sunny Optical is the world’s largest manufacturer of smartphone camera lenses. It is a key supplier for Apple in the manufacture of the iPhone, as well as for Samsung, Xiaomi, Huawei Technologies, Oppo and Vivo. It also produces optical components used in the manufacture of LIDAR, virtual reality and augmented reality-related applications for use in cars and robots, counting Lenovo, Sony, Panasonic, Olympus and Carl Zeiss among its principal clients. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Wency Chen Wency Chen Dozens of Chinese makers of smart glasses dazzled the exhibition floor at the recent CES trade show in Las Vegas, where they showed lightweight, artificial intelligence-powered eyewear aimed at a category that has been largely defined by Meta Platforms’ Ray-Ban Display. At the four-day annual trade show, which concluded on Friday, Chinese brands made up most of the roughly 60 smart eyewear exhibitors. Their products ranged from audio-first frames designed for all-day wear to augmented reality... https://www.scmp.com/tech/tech-trends/article/3339425/chinese-smart-eyewear-makers-shine-ces-focus-challenging-meta?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3339425/chinese-smart-eyewear-makers-shine-ces-focus-challenging-meta?utm_source=rss_feed Sat, 10 Jan 2026 05:06:44 +0000 Cao Li Cao Li Hong Kong stocks extended a rally on Tuesday as investors continued to bet on easing US-China trade tensions. The Hang Seng Index rose 0.7 per cent to 26,027.55 at the close after climbing as much as 2 per cent earlier. The Hang Seng Tech Index surged 1.3 per cent. On the mainland, the CSI 300 Index gained 1.5 per cent and the Shanghai Composite Index added 1.4 per cent. China Life jumped 6 per cent to HK$24.95, BYD Electronic rose 3.8 per cent to HK$40.22 and machine-tool maker Techtronic... https://www.scmp.com/business/markets/article/3329733/hong-kong-stock-rally-carries-investors-bet-us-china-trade-agreement?utm_source=rss_feed https://www.scmp.com/business/markets/article/3329733/hong-kong-stock-rally-carries-investors-bet-us-china-trade-agreement?utm_source=rss_feed Tue, 21 Oct 2025 02:22:27 +0000 Yulu Ao Yulu Ao Hong Kong stocks on Wednesday reversed course to snap a four-day losing streak, spurred by comments from China’s foreign ministry that traders interpreted as a sign of potential progress in the US-China trade talks. The Hang Seng Index closed 0.2 per cent higher at 25,165.94, recovering from a loss of as much as 0.9 per cent in the morning session. The Hang Seng Tech Index was little changed. On the mainland, the CSI 300 Index jumped 1.1 per cent and the Shanghai Composite Index advanced 1 per... https://www.scmp.com/business/banking-finance/article/3322438/hong-kong-stocks-fall-fifth-day-amid-us-china-tariff-fears-wall-street-sell?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3322438/hong-kong-stocks-fall-fifth-day-amid-us-china-tariff-fears-wall-street-sell?utm_source=rss_feed Wed, 20 Aug 2025 02:34:16 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks extended gains into a fourth day on Thursday, as a strong reading on China trade data bolstered hopes that the world’s second-largest economy would sustain growth momentum throughout the year. The Hang Seng Index rose 0.5 per cent to 25,041.03 at the noon break, adding to an aggregate 1.6 per cent gain over the past three days. The Hang Seng Tech Index also rose by 0.5 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per cent. Alibaba... https://www.scmp.com/business/china-business/article/3321020/hong-kong-stocks-rise-fourth-day-amid-bullish-mood-global-equities?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3321020/hong-kong-stocks-rise-fourth-day-amid-bullish-mood-global-equities?utm_source=rss_feed Thu, 07 Aug 2025 02:25:09 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rebounded on Thursday as investors awaited signals on additional policy support from Beijing as the end of the 90-day tariff ceasefire with the US neared and after China’s deflation deepened. The Hang Seng Index rose 0.6 per cent to 24,028.37 at the close and the Hang Seng Tech Index dropped 0.3 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both climbed 0.5 per cent. Sunny Optical Technology advanced 6.1 per cent to HK$75.45 and BYD Electronic... https://www.scmp.com/business/china-business/article/3317616/hong-kong-stocks-waver-investors-await-details-policy-support-beijing?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3317616/hong-kong-stocks-waver-investors-await-details-policy-support-beijing?utm_source=rss_feed Thu, 10 Jul 2025 02:24:08 +0000 Ben Jiang Ben Jiang Xiaomi debuted its first artificial intelligence (AI)-powered smart glasses on Thursday, marking the Chinese smartphone and electric vehicle (EV) maker’s entry into a rapidly expanding but crowded domestic market. The Beijing-based company has positioned its new eyewear as a “next-generation personal smart gadget”, according to an image posted on its official Weibo account on Wednesday. Co-founder and CEO Lei Jun said the glasses could capture first-person video and respond to voice queries –... https://www.scmp.com/tech/big-tech/article/3315917/xiaomis-first-ai-powered-eyewear-brings-smartphone-firm-war-hundreds-glasses?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3315917/xiaomis-first-ai-powered-eyewear-brings-smartphone-firm-war-hundreds-glasses?utm_source=rss_feed Thu, 26 Jun 2025 11:00:10 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rose on Friday, paring the week’s losses as China’s decision to stand pat on a benchmark interest rate offered optimism that a recovery in the world’s second-largest economy would hold up. The Hang Seng Index climbed 1.3 per cent to 23,530.48 at the close. The Hang Seng Tech Index gained 0.9 per cent. On the mainland, the CSI 300 Index added 0.1 per cent, and the Shanghai Composite Index slipped 0.1 per cent. Among leading gainers on the benchmark, sportswear maker Li Ning... https://www.scmp.com/business/china-business/article/3315143/hong-kong-stocks-gain-pbocs-benchmark-rate-choice-spurs-optimism-economy?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3315143/hong-kong-stocks-gain-pbocs-benchmark-rate-choice-spurs-optimism-economy?utm_source=rss_feed Fri, 20 Jun 2025 02:23:23 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks dropped on Tuesday amid concerns that military conflicts in the Middle East could increase the global inflationary risk by straining oil supply. The Hang Seng Index fell 0.3 per cent to 23,980.30 at the close. The Hang Seng Tech Index slipped 0.2 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index were both little changed. Chow Tai Fook Jewellery Group tumbled 7.3 per cent to HK$12.72 on a plan to raise HK$7.85 billion (US$1 billion) in one of the... https://www.scmp.com/business/china-business/article/3314677/hong-kong-stocks-waver-investors-assess-china-growth-prospects-middle-east-tensions?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3314677/hong-kong-stocks-waver-investors-assess-china-growth-prospects-middle-east-tensions?utm_source=rss_feed Tue, 17 Jun 2025 02:23:11 +0000 Aileen Chuang Aileen Chuang Hong Kong stocks fell on Thursday, following declines in the US, as investors grappled with new trade threats from Washington and uncertainty over trends in interest rates. The Hang Seng Index dropped 1.4 per cent to 24,035.38, wiping out Wednesday’s gains that followed a preliminary US-China trade agreement. The Hang Seng Tech Index lost 2.2 per cent. On the mainland, the CSI 300 Index fell 0.1 per cent and the Shanghai Composite Index was mostly flat. Technology stocks weighed on Hong Kong’s... https://www.scmp.com/business/markets/article/3314090/hong-kong-stocks-fall-us-trade-threats-and-interest-rate-uncertainty?utm_source=rss_feed https://www.scmp.com/business/markets/article/3314090/hong-kong-stocks-fall-us-trade-threats-and-interest-rate-uncertainty?utm_source=rss_feed Thu, 12 Jun 2025 02:21:38 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks fell on Tuesday after notching the biggest gain in two months a day earlier, as traders digested the apparent breakthrough in the China-US trade talks. The Hang Seng Index dropped 1.9 per cent to 23,108.27 at the close, giving up some of Monday’s 3 per cent gain. The Hang Seng Tech Index dropped 3.3 per cent. On the mainland, the CSI 300 Index the Shanghai Composite Index both rose 0.2 per cent. Export-heavy companies led the pack of decliners after the hefty gains. Camera... https://www.scmp.com/business/china-business/article/3310081/hong-kong-stocks-retreat-gains-sparked-china-us-trade-breakthrough?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3310081/hong-kong-stocks-retreat-gains-sparked-china-us-trade-breakthrough?utm_source=rss_feed Tue, 13 May 2025 02:19:04 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rose by the most in two months on Monday to extend the longest winning streak in a year, as a de-escalation in the China-US trade war boosted risk appetite. The Hang Seng Index closed 3 per cent higher at 23,549.46, its best one-day performance since March 6. Sentiment received a boost in the afternoon after China and the US agreed to substantially lower tariffs on each other’s goods. The eight-day run is the longest since a 10-day streak ended in May 2024, notching up a 7.2 per... https://www.scmp.com/business/china-business/article/3309945/hong-kong-stocks-extend-longest-streak-year-china-us-trade-talks-progress?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3309945/hong-kong-stocks-extend-longest-streak-year-china-us-trade-talks-progress?utm_source=rss_feed Mon, 12 May 2025 02:21:56 +0000 Yulu Ao Yulu Ao Asian stock markets plunged across the region on Monday, kicking off the trading week on the weakest footing in decades, as the world braced for shock waves from the tit-for-tat tariff war between China and the US. Hong Kong’s benchmark Hang Seng Index slumped 13.2 per cent to 19,828.30 at the close of trading on Monday, losing HK$194 billion (US$25 billion) in value, marking its biggest decline since October 1997. It was the lowest level since January 23. All 14 major equity gauges in the... https://www.scmp.com/business/china-business/article/3305437/hong-kong-stocks-plummet-open-week-us-china-trade-tensions?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3305437/hong-kong-stocks-plummet-open-week-us-china-trade-tensions?utm_source=rss_feed Mon, 07 Apr 2025 01:37:41 +0000 Zhou Xin Zhou Xin An extensive supply chain in China that supports US consumer electronics giant Apple is facing significant disruptions from new tariffs imposed by US President Donald Trump, as share prices of major contract manufacturing partners fell by the maximum daily limit across the country’s stock markets on Thursday. Shenzhen-listed Goertek, an acoustic components manufacturer based in eastern Shandong province, dropped 10 per cent to its lowest level this year. Similarly, Luxshare Precision Industry... https://www.scmp.com/tech/tech-trends/article/3305065/trump-tariffs-jolt-apples-supply-chain-china-shares-goertek-and-luxshare-plunge?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3305065/trump-tariffs-jolt-apples-supply-chain-china-shares-goertek-and-luxshare-plunge?utm_source=rss_feed Thu, 03 Apr 2025 09:30:07 +0000 Hong Kong stocks slipped for a third day as investors turned bearish on China and more analysts downgraded the nation’s growth outlook amid policy disappointment. Sunny Optical crashed 13.7 per cent on profit warning. The Hang Seng Index fell 0.1 per cent to 18,928.02 to a one-week low on Thursday, reversing a rally of as much as 1.4 per cent. The Tech Index also surrendered gain, falling 1.2 per cent. The Shanghai Composite Index dropped 0.9 per cent. Alibaba Group weakened 1.5 per cent to... https://www.scmp.com/business/markets/article/3228290/hong-kong-stocks-rebound-beijing-vows-support-private-businesses-pledges-predictable-environment?utm_source=rss_feed https://www.scmp.com/business/markets/article/3228290/hong-kong-stocks-rebound-beijing-vows-support-private-businesses-pledges-predictable-environment?utm_source=rss_feed Thu, 20 Jul 2023 02:38:46 +0000 Hong Kong and China stocks both rose, with the city’s benchmark closing at a two-month high ahead of the US presidential election. The Hang Seng Index climbed 2 per cent to 24,939.73 at the close on Tuesday, extending a 1.5 per cent gain a day earlier. The gauge finished at the highest level since September 3. Geely Automobile Holdings led the gains after Citigroup boosted the carmaker’s price target and sales projections. The Shanghai Composite Index added 1.4 per cent to 3,271.07. The onshore... https://www.scmp.com/business/markets/article/3108172/hong-kong-stocks-extend-gains-following-overnight-rally-wall?utm_source=rss_feed https://www.scmp.com/business/markets/article/3108172/hong-kong-stocks-extend-gains-following-overnight-rally-wall?utm_source=rss_feed Tue, 03 Nov 2020 02:29:17 +0000 Good day, traders -- Hong Kong and China stocks fell on expectations that US President Donald Trump will sign legislation supporting the city's protesters. Beijing warned that it would take "strong countermeans ... if the US insists on making the wrong decisions" on the legislation. This sets up a likely collision course that could upset the phase one trade deal that is in the works. Check out the day's action below. Please help us improve our blog by taking this quick -- under 2 minutes! --... https://www.scmp.com/business/markets/article/3038689/markets-edge-donald-trump-reportedly-will-sign-legislation?utm_source=rss_feed https://www.scmp.com/business/markets/article/3038689/markets-edge-donald-trump-reportedly-will-sign-legislation?utm_source=rss_feed Thu, 21 Nov 2019 01:22:05 +0000 Hong Kong’s stocks dropped for a third day, as a key set of China’s economic data trailed estimates and Sunny Optical Technology Group slumped the most on record after reporting earnings that missed analysts’ projections. The Hang Seng Index sank 0.7 per cent at the close on Tuesday, capping a three-day, 3 per cent decline. The mainland’s Shanghai Composite Index fared better, finishing the day with a loss of 0.2 per cent. China’s weak economic data further weighed on the already fragile market... https://www.scmp.com/business/china-business/article/2159676/hong-kong-stocks-retreat-chinas-data-misses-projections-and?utm_source=rss_feed https://www.scmp.com/business/china-business/article/2159676/hong-kong-stocks-retreat-chinas-data-misses-projections-and?utm_source=rss_feed Tue, 14 Aug 2018 09:38:52 +0000 Shares of Sunny Optical Technology posted their biggest one-day fall on record after mainland China’s largest manufacturer of smartphone camera modules and lenses posted an interim result that missed market forecasts. Profit increased by 20.5 million yuan (US$2.98 million) to 1.18 billion yuan for the six months ended June 30, representing a mere 1.8 per cent rise from a year ago and well below forecasts of a 14.2 per cent and 50.4 per cent range. Net profit margin decreased to about 9.9 per... https://www.scmp.com/business/money/stock-talk/article/2159602/sunny-optical-faces-cloudy-outlook-shares-head-biggest?utm_source=rss_feed https://www.scmp.com/business/money/stock-talk/article/2159602/sunny-optical-faces-cloudy-outlook-shares-head-biggest?utm_source=rss_feed Tue, 14 Aug 2018 04:43:15 +0000 Shares of Sunny Optical Technology, mainland China’s largest manufacturer of smartphone camera modules and lenses, surged to a record high on Monday ahead of its report of hefty interim earnings growth. Sunny Optical’s shares rose 7.6 per cent to finish the day’s trading at HK$103.80, its highest close since the company was listed in Hong Kong in 2007. “Although global economic growth remains uncertain, the group remains optimistic about its future operations,” company founder and chairman Ye... https://www.scmp.com/tech/china-tech/article/2106770/sunny-optical-shares-hit-all-time-high-strong-interim-earnings?utm_source=rss_feed https://www.scmp.com/tech/china-tech/article/2106770/sunny-optical-shares-hit-all-time-high-strong-interim-earnings?utm_source=rss_feed Mon, 14 Aug 2017 13:30:45 +0000 Sunny Optical Technology’s stock price soared to a record high on Tuesday after the lens manufacturer issued a positive profit alert, predicting an increase by more than 120 per cent in profit attributable to its owners during the first half. Shares of Sunny Optical, which makes lenses for handsets, digital cameras, vehicle imaging systems and security surveillance systems, closed 16.9 per cent higher to a record HK$92.45 after surging by as much as 17.6 per cent. That dragged up shares of other... https://www.scmp.com/business/money/stock-talk/article/2103046/sunny-optical-shares-hit-record-high-after-forecasting?utm_source=rss_feed https://www.scmp.com/business/money/stock-talk/article/2103046/sunny-optical-shares-hit-record-high-after-forecasting?utm_source=rss_feed Tue, 18 Jul 2017 03:01:30 +0000 Hong Kong shares continued to rise on Tuesday, driven by Chinese insurers and as Sunny Optical surged to a record high after the lens manufacturer issued a positive profit alert. The Hang Seng Index rose 0.2 per cent, or 54.36 points, to 26,524.94. The Hang Seng China Enterprises Index, also known as the H-share gauge, lost 0.3 per cent, or 27.91 points, to 10,755.28. Ping An was the most active stock, gaining 0.4 per cent to HK$58.75 while Tencent rose 0.6 per cent to HK$286.8. Sunny Optical,... https://www.scmp.com/business/china-business/article/2103031/hong-kong-stocks-set-rise-open?utm_source=rss_feed https://www.scmp.com/business/china-business/article/2103031/hong-kong-stocks-set-rise-open?utm_source=rss_feed Tue, 18 Jul 2017 01:30:15 +0000 Sunny Optical Technology, mainland China’s largest manufacturer of smartphone camera modules and lenses, could be poised for a banner year in supplying domestic brands after it reported 81 per cent year-on-year growth in shipments of handset lens sets to 261.6 million pieces in the first half of this year. That and other developments in the past two months have made some analysts more bullish on Sunny Optical, with Bernstein Research raising its target price for the company’s shares to a market... https://www.scmp.com/tech/china-tech/article/2102039/smartphone-selfie-demand-drives-lens-shipments-chinas-sunny-optical?utm_source=rss_feed https://www.scmp.com/tech/china-tech/article/2102039/smartphone-selfie-demand-drives-lens-shipments-chinas-sunny-optical?utm_source=rss_feed Mon, 10 Jul 2017 10:28:02 +0000 Sunny Optical Technology (Group), a major manufacturer of smartphone camera modules and lenses, saw its shares decline on Tuesday after reporting revenue last year that missed analysts’ estimates amid a significant increase in net profit. The Hong Kong-listed company, which is a supplier to Chinese smartphone juggernauts Huawei Technologies, Oppo and Vivo, attributed its difficulties last year to lingering weakness in the mainland economy. “Despite all kinds of uncertainties, the group believes... https://www.scmp.com/tech/china-tech/article/2078817/sunny-optical-reports-67-pc-rise-2016-net-profit-bolstered-demand?utm_source=rss_feed https://www.scmp.com/tech/china-tech/article/2078817/sunny-optical-reports-67-pc-rise-2016-net-profit-bolstered-demand?utm_source=rss_feed Tue, 14 Mar 2017 12:45:30 +0000