Apple’s Surprise Price Jump Sends Supply Chain Stocks Plunging
On June 25 (Eastern Time), Apple officially announced a global price increase across its entire Mac and iPad hardware lineup. This storm of terminal price adjustments, triggered by a shortage of AI storage chips, didn’t just send Apple’s own stock plummeting—it took a massive hit to the entire “Apple Chain” (supply chain partners) in the secondary market.
The A-share Apple Chain opened lower and kept sliding on June 26. The Consumer Electronics Index dropped 2.03% in a single day, with companies having the highest exposure to Mac and iPad业务的 taking the hardest hits. Luxshare Precision, a core assembler for Apple’s Mac and iPads, closed down 8.63% that day, hitting a low of 9.16% intraday. Trading volume skyrocketed past 23.3 billion yuan as capital fled en masse.
Furong Technology, which specializes in aluminum alloy structural parts, almost hit the daily limit down, dropping 9.80%. Huaqin Technology and Hejing Technology fell 7.14% and 6.97% respectively. Goertek, Lingyi iTech, Wingtech, and Foxconn Industrial Internet saw drops ranging from 4% to 7%. Lens Technology was relatively resilient, falling only 0.23%, likely because the elasticity of its glass cover raw material costs meant it was less affected by the storage price surge.
WeChat Responds to Moments Deletion Rules: One-Sided Delete Keeps History, Mutual Delete Erases It All
On June 26, the official WeChat account “WeChat Pai” released an article titled “Several Cold Facts About Moments,” addressing long-standing user questions about interaction retention after deleting friends and visibility settings for new friend groups.
When users asked, “If I delete a friend, do our old Moments interactions remain?”, WeChat Pai used the metaphors of a “One-Way Goodbye” versus a “Two-Way Rush” to explain the difference. If you unilaterally delete someone, all your past likes and comments will remain exactly as they were visible to both parties. The deleted person might not even realize until they try to message you and get a red exclamation mark. However, if you mutually delete each other, their likes and comments vanish completely from your Moments view. Only the replies you posted remain, while all traces of their interaction are wiped away.
Can’t Get Your Hands on a Pocket 4? DJI Says Production is Ramp-Up, Scalpers Locked Down
When the DJI Osmo Pocket 4P officially went on sale, many users found multiple channels sold out in seconds despite setting alarms. Over the next few days, hashtags like “DJI Pocket 4P Sold Out Instantly” and “DJI Pocket 4P” flooded Weibo’s trending topics, leading many to suspect a “hunger marketing” tactic. On June 26, DJI clarified that the initial stock for the Osmo Pocket 4 series is nearly 10 times higher than the first batch of the previous generation (Pocket 3). Furthermore, DJI confirmed they have successfully traced and identified certain scalping rings and have reported them to the police.
Meituan Plans Share Buyback; CEO Wang Xing Reveals He’s Never Sold a Single Share Since Inception
On June 26, at Meituan’s Annual General Meeting, CEO Wang Xing addressed shareholder concerns about the stock price. He stated that Meituan is committed to operating the business well while advocating for more rational industry development. To boost market confidence, Meituan also plans to leverage its external investments, noting that some could yield significant returns upon listing, and the company is considering exiting these positions at the right time.
Meituan CFO Chen Shaohui added that the company’s value is currently severely undervalued and announced plans for a stock buyback.
According to First Financial, Wang Xing also revealed a personal secret: he has never sold a single share since the company was founded and has no plans to do so. Addressing rumors about transferring shares, he explained that in 2021, he donated 10% of his personal holdings to a relevant foundation purely for charitable purposes—a donation that is irrevocable.
Samsung Plans Record-Breaking 1,000 Trillion Won Investment in South Korea
On June 26, according to reports, Samsung Group will announce a ten-year domestic investment plan on June 29. The total scale exceeds 1,000 trillion won (approx. $647.5 billion), marking the largest single investment in Korean corporate history. For context, South Korea’s nominal GDP in 2025 is estimated at around $1.87 trillion, meaning this single investment package represents over 30% of the nation’s annual economic output.
The report indicates this plan will be unveiled at the “Korea’s Great Leap Forward Three Super Projects National Report Conference” held at the Blue House (Cheong Wa Dae). President Lee Jae-myung will personally chair the meeting, with attendance from top executives including Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Choi Tae-won.
Based on the disclosed blueprint, the 1,000 trillion won isn’t a single project but a cumulative sum of investments by Samsung’s subsidiaries in cutting-edge industries over the next decade. Led by Samsung Electronics, it involves joint efforts with Samsung SDI, Samsung Display, and others.
SK Hynix Eyes US Listing at $166 per Share; Analysts Predict 20% Upside
Reports suggest SK Hynix plans to issue American Depositary Receipts (ADRs) on the Nasdaq Global Select Market at $166 per share, aiming to raise approximately $29.4 billion. Institutional analysts believe US investors buying at this price are getting a steal, predicting the stock could rise another 20% and significantly narrow the valuation gap with competitor Micron Technology.
Microsoft Raises Xbox Console Prices Globally; Max Increase Hits $150
On June 25, Microsoft announced that starting August 1, prices will be adjusted globally. The Xbox Series S 512GB version will see a $100 price hike to roughly $500, while the 1TB version jumps by $150. The entry-level Xbox Series X price will also increase to approximately $750.
Microsoft attributed the price hikes to continuously rising costs for key components. “We hoped to avoid further price increases and explored various solutions with suppliers over the past few months. Unfortunately, console storage and memory prices have already surged by more than 2.5 times, and we expect them to double again by autumn 2027.”
