On September 18, TSUGAMI CHINA rose 5.11% in regular trading, trading at HK$48.12/share, with turnover of approximately HK$82.12 million. The move was driven by the combined effects of the company's recent inclusion in the Stock Connect program and renewed 3C sector optimism following Apple's latest product launch.
TSUGAMI CHINA was officially added to the Stock Connect eligible list on September 7, opening a southbound capital channel that is expected to sustainably improve the stock's liquidity profile. Additionally, Apple unveiled its first foldable iPhone Ultra and other new devices on September 10, fueling market expectations for a pickup in consumer electronics equipment demand. The company's 3C-related orders have been in a recovery phase since April, and the new product cycle could further catalyze order momentum.
On the fundamental side, the company reported full-year revenue of approximately RMB 5.184 billion, up 21.6% year-over-year, with net profit reaching RMB 1.094 billion, a 39.9% increase. Citi initiated coverage with a Buy rating and a HK$72 target price, highlighting the company's exposure to AI liquid cooling and humanoid robotics as emerging growth vectors.
(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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