Hong Kong stocks abnormal movement | The entire mobile phone industry chain plummeted, with memory shortages combined with new phone price increases dragging down sales. Institutions have lowered their full-year forecast for mobile phone sales.

According to the Wise Wealth APP, the entire mobile phone industry chain is plummeting. As of the time of writing, China Hongqiao Group (01347.HK) fell 7.85% to 133.9 Hong Kong dollars; ZTE Corporation (00763.HK) fell 7.42% to 27.46 Hong Kong dollars; FIH Mobile (02038.HK) fell 7.04% to 24.28 Hong Kong dollars; Lens Technology (06613) fell 6.94% to 25.46 Hong Kong dollars; and Chaintek United (01478) fell 6.7% to 8.63 Hong Kong dollars.