Changes in Hong Kong stocks | Lixun Precision (02475) rises more than 5% iPhone 18 series to be released this week, Citi Materials will receive more than 30% of production capacity

The Zhitong Finance App learned that Lixun Precision (02475) rose by more than 5%. As of press release, it had risen 4.15% to HK$61.45, with a turnover of HK$194 million.

According to the news, according to market media reports, the iPhone 18 series is expected to be released on September 9, US time. According to a research report released by Citi, it is estimated that Apple's first folding screen iPhone (probably named iPhone UiTRA) will start at $2,000, and the iPhone 18 Pro/Pro Max will sell for $200 more than the previous model. The main upgrades may include: the A20 chip and Pro/Pro Max models are equipped with a variable aperture main camera and Apple's own modem; the UiTRA model is equipped with a dual front camera and dual rear camera design. The internal folding screen uses an OLED/UTG cover, and uses more battery/VC heatsinks/structural components.

Citi predicts that the iPhone 18 Fold shipments in the second half of 2026/the first quarter of 2027 will be 5 million units/2.3 million units, respectively, and total iPhone shipments will reach 263 million units in 2027 (up 7% year on year). Among them, Lixun Precision is expected to receive 33% of production capacity allocation for Pro/ProMax models (compared to 27% for new models in the second half of 2025).