Latest news with #SunnyOptical
South China Morning Post
4 days ago
- Business
- South China Morning Post
Hong Kong stocks rise for fourth day amid bullish mood in global equities
An upbeat mood in global equities extended Hong Kong stocks ' winning streak to four days on Thursday, as investors anticipated a rate cut by the Federal Reserve and looked past the fallout of tariffs on economic growth. Advertisement The Hang Seng Index rose 0.4 per cent to 25,001.64 as of 10.12am local time. The Hang Seng Tech Index was little changed. On the mainland, the CSI 300 Index climbed less than 0.1 per cent and the Shanghai Composite Index added 0.1 per cent. Sunny Optical Technology Group gained 3.5 per cent to HK$76.90 and ZTO Express advanced 3.4 per cent to HK$161.90. Alibaba Group Holding added 1.7 per cent to HK$118.70 and Meituan rose 0.3 per cent to HK$121.50. Investors are focused on strong corporate earnings from large tech companies and believe that the impact of US President Donald Trump's tariffs on the global economy will be manageable. While some data on the labour market is weakening, traders are ramping up bets that the Fed will reduce borrowing costs to sustain growth. Traders are also waiting for China's release of key July economic data to assess whether its faster-than-estimated economic growth in the first half will continue through the year. Figures on foreign trade are also due on Thursday, with exports estimated to rise 5.6 per cent year on year. Advertisement Other major Asian markets were mixed. Japan's Nikkei 225 climbed 0.8 per cent, while South Korea's Kospi rose 0.6 per cent and Australia's S&P/ASX 200 lost 0.1 per cent.
Tom's Guide
01-08-2025
- Tom's Guide
M5 MacBook Pro: Here's the biggest rumored upgrades
The M5 MacBook Pro has generated a ton of buzz so far. That's likely because Apple's rumored successor to the MacBook Pro 14-inch M4 and MacBook Pro 16-inch M4 Pro isn't expected to offer more than a standard spec bump. Based on what we've heard, the rumored MacBook Pro M6 should offer more significant upgrades, including an OLED panel and a brand-new design. If true, that would place the M5 MacBook Pro in an odd spot, as some might choose to wait for its M6-powered successor. Even if the MacBook Pro M5 isn't expected to be all that exciting, it could be worthwhile if you're in desperate need of a new MacBook Pro. Here are some of the biggest rumored upgrades for the M5 MacBook Pro. The most significant rumored upgrade for the M5 MacBook Pro is the unannounced Apple M5 chip. According to South Korean publication ET News, Apple began production of the new chip in Taiwan at TSMC sequentially with "USA Amco and China JCET." This production detail is noteworthy, especially given Apple's recent move to produce chips at an Arizona facility. While some chips are already being manufactured there, expanding production to other regions could be a strategic move to mitigate the impact of tariffs. ET News provided limited details about the new processor, though it did indicate that the M5 chips are expected to "enhance artificial intelligence performance." The report also mentioned four versions of the chip: base, Pro, Max, and Ultra, which is consistent with previous M-series chip generations. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. As reported by MacRumors, Apple analyst Ming-Chi Kuo says that the M5 chip will utilize TSMC's N3P method, a more advanced 3nm process than the one used for M4 processors. If the performance gains of the M5 chip align with previous M-series upgrades, we could see a 15 to 25% improvement over the M4. While M4 MacBook Pro owners might notice minimal day-to-day differences, those with older MacBook Pros could experience a substantial boost in both performance and power efficiency. The 2025 MacBook Pro line may introduce a new feature: a compact camera module (CCM). A CCM is a self-contained camera system typically found in smartphones and tablets, which includes the camera sensor, digital signal processing unit and infrared filter, but excludes the lenses. According to Apple analyst Ming-Chi Kuo (via Neowin), Vietnamese company Sunny Optical is expected to supply the new CCMs. This is significant because LG Innotek and Sharp have historically provided CCMs for MacBooks. Sunny Optical's advantage lies in its vertical integration, allowing it to produce both the CCM and the lenses as a single unit. This capability could lead to more compact webcams in future MacBooks. If successful, Kuo suggests that Sunny Optical could expand to supplying CCMs for future iPhones and iPads. However, this hinges on the company's ability to successfully produce these modules for the upcoming MacBook models. Based on what we've heard, the M5 MacBook Pro might not be all that exciting. As I said, rumors suggest the M6 MacBook Pro is the one to keep an eye on as it should deliver substantial upgrades like an OLED panel and a new design. That being the case, skipping the M5 MacBook Pro and waiting for its successor might be the smartest option. As for when the M5 MacBook Pro could arrive, it could be sometime during the fall, which is when Apple typically launches its MacBook Pros. However, as we saw when the M2 MacBook Pros launched in January of 2023, this isn't always the case. And if Apple tipster Mark Gurman's sources are correct, it's possible that the MacBook Pro M5 won't launch until early 2026 (via MacRumors). That's all we know about the rumored M5 MacBook Pro for now, but we'll keep our ear to the ground and update you when we hear anything new. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.
South China Morning Post
10-07-2025
- Business
- South China Morning Post
Hong Kong stocks waver as investors await details on policy support from Beijing
Hong Kong stocks fluctuated between gains and losses on Thursday as investors awaited signals on additional policy support from Beijing after China's deflation deepened and the end of the 90-day tariff ceasefire with the US gets closer. Advertisement The Hang Seng Index fell less than 0.1 per cent to 23,887 as of 10.05am local time, while the Hang Seng Tech Index dropped 0.4 per cent. On the mainland, the CSI 300 Index climbed 0.2 per cent and the Shanghai Composite Index added 0.3 per cent. Sunny Optical Technology advanced 3.9 per cent to HK$73.85 and BYD climbed 3.7 per cent to HK$33.35. China Resources Land rose 2 per cent to HK$29.25 and China Overseas Land and Development gained 1.9 per cent to HK$13.52. On the downside, slipped 2.4 per cent to HK$122.30 on concerns about stiffer competition in the e-commerce industry. Investors were looking ahead to a Politburo meeting later this month for clues on how top leaders might reverse a deflationary trend that has persisted for nearly three years and address excessive supply in some industries battered by 'involution.' China and the US could engage in a new round of tariff talks next month after the ceasefire ends in early August. After applying a 25 per cent tariff rate on Japan and South Korea, US President Donald Trump said on social media that he would impose a 50 per cent rate on Brazil. Advertisement Other major Asian markets were mixed: Japan's Nikkei 225 slipped 0.5 per cent, South Korea's Kospi rose 0.7 per cent and Australia's S&P/ASX 200 added 0.5 per cent.
South China Morning Post
20-06-2025
- Business
- South China Morning Post
Hong Kong stocks gain as PBOC's benchmark-rate choice spurs optimism on economy
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. Advertisement The Hang Seng Index climbed 0.6 per cent to 23,372.46 as of 10.10am local time, trimming the weekly loss to 2.1 per cent. The Hang Seng Tech Index gained 0.5 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index added at least 0.1 per cent. Sunny Optical Technology Group advanced 3.7 per cent to HK$65 and sportswear maker Li Ning rallied 2.8 per cent to HK$15.42. China Life Insurance added 2.5 per cent to HK$18.20. Alibaba Group Holding rose 0.4 per cent to HK$110.40. China left the one-year loan prime rate at 3 per cent this month, and the five-year rate at 3.5 per cent, according to the central bank. The People's Bank of China has refrained from cutting the interest rate aggressively, stirring expectations that the economy has been riding out headwinds such as tariffs from the US and a downturn on the property market. Other major Asian markets were mixed. Japan's Nikkei 225 slipped 0.1 per cent and Australia's S&P/ASX 200 lost 0.7 per cent, while South Korea's Kospi rose 0.9 per cent. Advertisement
South China Morning Post
12-05-2025
- Business
- South China Morning Post
Hong Kong stocks extend longest streak in a year on China-US trade talk progress
Hong Kong stocks rose for an eighth day on Monday, extending the longest winning stretch in a year as a de-escalation of the China-US trade war boosted risk appetite. Advertisement The Hang Seng Index advanced 0.9 per cent to 23,079.88 at the noon break, adding to a cumulative 4.1 per cent gain over the past seven days. The eight-day run is the longest since the 10-day streak ending in May 2024. The Hang Seng Tech Index advanced 1.9 per cent. On the mainland, the CSI 300 Index climbed 0.6 per cent, and the Shanghai Composite Index added 0.4 per cent. The onshore yuan strengthened 0.2 per cent against the US dollar. Futures contracts on three US stock benchmarks rose at least 1 per cent during Asian-hours trading, while haven trade unravelled, with spot gold prices sliding as much as 2 per cent. Companies that rely on overseas sales led the Hang Seng Index's gain. Sunny Optical Technical Group, the maker of camera modules for mobile phones that derived more than 40 per cent of its sales from overseas last year, rallied 10 per cent to HK$70.95. Hong Kong machine tool maker Techtronic Industries, which counted on North America for 76 per cent of its revenue in 2024, rose 4 per cent to HK$89.80. Household appliance maker Haier Smart Home advanced 4.2 per cent to HK$23.75. Advertisement China and the US said they made 'substantial progress' on trade talks after two days of negotiations in Switzerland. The two nations agreed to establish a 'trade consultation mechanism', Chinese Vice-Premier He Lifeng told reporters in Geneva. The two sides 'have taken important steps to resolve differences through equal dialogue and consultation'. They plan to issue a joint statement later on Monday and 'conduct further consultations on issues of mutual concern', China's official Xinhua News Agency said.
