On July 28, TSUGAMI CHINA fell 5.61% in regular trading, trading at 55.8 HKD/share, with turnover of HKD 18.79 million.
The decline reflects continued profit-taking pressure following the company's previously disclosed full-year results. TSUGAMI CHINA reported revenue of RMB 5.184 billion for the fiscal year ended March 31, up 21.6% year-over-year, while net profit reached RMB 1.094 billion, surging 39.9% YoY. AI liquid cooling and semiconductor-related demand served as core growth drivers.
However, the stock had already rallied substantially from its 52-week low of HKD 19.60, accumulating significant short-term gains. With the earnings catalyst now fully digested, selling pressure has intensified. Notably, short selling accounted for over 21% of total turnover on July 24, indicating elevated speculative activity. Within the Industrial Machinery sector, HANS CNC declined 6.45%, while TECHTRONIC IND fell 1.69%, suggesting broader sector weakness.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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