Ticker: 1810.HK

Apple's iPhone shipments in China soared 20% in Q1, outperforming the shrinking local smartphone market and rising chip costs, fueled by the iPhone 17 series and competitive pricing strategies.

Global smartphone shipments rose 2.6% in Q3 2025, led by Samsung's 6.3% jump. Apple and Xiaomi also climbed, while China's market showed signs of cooling with minor declines.

Tesla (TSLA) China deliveries fell 4% YoY in Aug, but Shanghai production/shipments jumped 22.6% MoM to 83,192. Model Y refresh and price cuts boost exports; BYD slowdown and Xiaomi launches heat competition; Europe sales plunged ~40%.