** Shares of Apple AAPL.O supplier Cowell e Holdings 1415.HK jump 12.8% to record high of HK$33.6
** Stock on track for biggest one-day pct gain since November 5, 2024
** The supplier of delicate optical modules for electronic mobile devices says its 2024 net profit attributable jumped 155.5% y/y, revenue up 170% y/y
** Jefferies reiterates "buy" rating and lifts price target to HK$40 from HK$36, saying a decent beat in Cowell's 2H24 revenue, net profit and gross margin
** Jefferies sees Cowell on track for market share gain on iPhone rear camera with various emerging opportunities, including potential proliferation of robotic, which could be a revenue source for Cowell
** Hang Seng Tech Index .HSTECH drops 2.9%, Hang Seng Index .HSI falls 1.9%
** Stock up 14.3% YTD
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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