Shenzhen Transsion Holdings Co., Ltd.
59.79 CNY
+3.98% day
The Shenzhen maker of Tecno, Itel and Infinix phones, sold cheaply across Africa, South Asia and the Middle East. Thin margins on low-priced handsets leave it exposed to the cost of the chips inside them.
Nov 3 · 59.79 CNY · +29.7% vs the window’s open
the numbers19
| when | value | change |
|---|---|---|
| Oct 8low | 46.10 CNY | |
| Oct 9 | 48.95 CNY | +6.2% |
| Oct 12 | 49.36 CNY | +0.8% |
| Oct 13 | 48.94 CNY | −0.9% |
| Oct 14 | 48.29 CNY | −1.3% |
| Oct 15 | 48.20 CNY | −0.2% |
| Oct 16 | 48.12 CNY | −0.2% |
| Oct 19 | 50.85 CNY | +5.7% |
| Oct 20 | 56.20 CNY | +10.5% |
| Oct 21 | 55.52 CNY | −1.2% |
| Oct 22 | 55.14 CNY | −0.7% |
| Oct 23 | 59.11 CNY | +7.2% |
| Oct 26 | 56.59 CNY | −4.3% |
| Oct 27 | 54.99 CNY | −2.8% |
| Oct 28 | 54.41 CNY | −1.1% |
| Oct 29 | 56.00 CNY | +2.9% |
| Oct 30 | 55.16 CNY | −1.5% |
| Nov 2 | 57.50 CNY | +4.2% |
| Nov 3latest | 59.79 CNY | +4.0% |
Lately
The one story about Transsion's own business was a cost squeeze: memory now exceeds 60% of the parts cost of sub-$100 phones, the segment it sells into. That pressure on margins runs against the rally, and nothing else in the input accounts for the rise.