HK Apple concept stocks rise; Lens +11.5%, Truly International +2.5%, Cowell +2%

HK Apple concept stocks rise; Lens +11.5%, Truly International +2.5%, Cowell +2%

Hong Kong's stock market faced significant challenges this month, with local funding costs surging and impacting equity investors [1]. The one-month Hong Kong Interbank Offered Rate (Hibor) has nearly tripled, reaching above 2.8% in just five sessions, making margin financing more expensive. This surge has added another headwind to a market that has been struggling, with investors bracing for an underwhelming earnings season [1].

Despite these challenges, Apple-related stocks listed in Hong Kong have shown resilience. Lens, a key player in the Apple ecosystem, saw its stock price rise by nearly 11.5%, while Truly International gained 2.5% and Cowell increased by 2% [1]. These gains suggest investor confidence in Apple's long-term prospects and the potential for growth in the technology sector.

Analysts have also expressed bullish sentiments on Apple Inc. (AAPL) and ACM Research (ACMR). Goldman Sachs analyst Allen Chang maintained a Buy rating on ACMR with a $40.10 price target, while Bank of America Securities analyst Wamsi Mohan maintained a Buy rating on AAPL with a $250.00 price target [2]. Both analysts expect significant upside potential for their respective stocks, with ACMR expected to rise by 25.1% and AAPL by 5.9% [2].

ACM Research reported a significant 40% sequential revenue growth in the second quarter of 2025, driven by robust sales of advanced semiconductor equipment and strong customer demand in the logic and memory segments [2]. Despite the revenue miss, the earnings per share (EPS) beat the forecast by 12.13%, suggesting strong cost management and operational efficiency [2]. The company's stock delivered impressive returns of approximately 23.6% over the past year, outperforming its peer, Veeco Instruments Inc., which delivered negative returns of around 35.6% over the same period [2].

Apple Inc. (NASDAQ:AAPL) is one of the AI stocks analysts are watching closely. Bank of America reiterated the stock as “Buy” stating that it remains bullish on Apple Services [3]. The company's quarterly results last month sparked new hope among investors, with revenue rising 9.6% year over year, driven by strong services revenue and product sales [3].

References:
[1] https://www.bloomberg.com/news/articles/2025-08-21/hong-kong-s-funding-cost-surge-is-another-headache-for-stocks
[2] https://www.ainvest.com/news/analysts-bullish-acm-research-apple-acmr-aapl-stocks-2508/
[3] https://finance.yahoo.com/news/bank-america-reiterates-buy-apple-225341315.html