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China, HK-listed Apple suppliers fall as US court reinstates Trump tariffs

ReutersMay 30, 2025 6:46 AM

Shares of Apple's AAPL.O suppliers listed in mainland China and Hong Kong fall after a U.S. federal appeals court temporarily reinstates Trump's tariffs

In China, Luxshare Precision Industry 002475.SZ, Lens Technology 300433.SZ, Goertek Inc 002241.SZ fall between 2.9% and 3.8%

Blue-chip CSI 300 Index .CSI300 and Shanghai Composite Index .SSEC slip 0.3%

In Hong Kong, Cowell e Holdings 1415.HK, AAC Tech 2018.HK, Sunny Optical 2382.HK and BYD Electronic 0285.HK drop between 2.4% and 5.7%

Hang Seng Tech Index .HSTECH declines 2.8%, Hang Seng Index .HSI falls 1.6%

On Wednesday, a U.S. trade court ruled that Trump had exceeded his authority in imposing the duties and blocked them

The appeals court in Washington had ordered the plaintiffs in the cases to respond by June 5 and the administration by June 9

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