Changes in Hong Kong stocks | The mobile phone industry chain reverses the market and rises in 2026, the national supplementary renewal agency says the industry is more dependent on technological innovation and stimulus policies

The Zhitong Finance App learned that the mobile phone industry chain rose against the market. As of press release, Qiu Tai Technology (01478) rose 1.54% to HK$8.58; Ruisheng Technology (02018) rose 1.38% to HK$39.76; and Goldway Electronics (01415) rose 1.03% to HK$27.36.

According to the news, the national supplement period will be renewed in 2026. Individual consumers buy 4 types of products such as mobile phones, tablets, smart watches, bracelets, and smart glasses (the sales price of each item is no more than 6,000 yuan) and are subsidized at 15% of the sales price of the product. Each consumer can subsidize 1 item of each type of product, and the subsidy for each item is no more than 500 yuan. Datong Securities released a research report saying that from a comprehensive perspective, the future growth of the mobile phone market will depend more on breakthrough technological innovation and effective market stimulus policies.

Huaan Securities said that AI phones are reshaping the industry. The overall market will maintain moderate growth in 2025, while the focus of competition has shifted to end-side AI capabilities. Mobile operating systems are evolving from “application launchers” to “system-level intelligence”. Innovative products such as Doubao phones try to achieve underlying AI integration and cross-application operation. The flagship chips of the Apple and Android camps are also continuing to improve NPU computing power, and jointly promote the popularization and experience upgrading of end-side AI.