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Hong Kong stocks are moving abnormally | Home appliance stocks rose in the afternoon, with singles' day sales growth potentially stronger than in previous years. The sinking market will relay to drive the release of new demand.
The home appliances sector rose in the afternoon, as of the time of publication, hisense ha (00921) increased by 4.83%, to 26.05 Hong Kong dollars; midea group co., ltd (00300) rose by 3.5%, to 72.5 Hong Kong dollars; vesync (02148) rose by 2.07%, to 3.94 Hong Kong dollars; haier smarthome (00669) rose by 0.83%, to 109.2 Hong Kong dollars.
Dah Sing Rating | Nomura: Raises techtronic ind target price to 127 Hong Kong dollars. Market may be overly concerned about potential new tariffs.
Investor Digest Nov 7th | Daiwa's report stated that if Trump is re-elected as the President of the USA, the stock prices of Chinese export stocks will fall. Techtronic Ind also fell yesterday, possibly due to concerns in the market that the USA may impose new tariffs on China. However, the bank believes that the market's concerns about potential new tariffs may be excessive, as Techtronic has diversified global production layout. According to the bank's estimates, next year, China's production capacity will only account for one-third of its overall capacity. The bank also believes that the company has bargaining power, reiterating a 'buy' rating. Daiwa has lowered Techtronic's profit forecast for the next two years by 1-2%, based on more pragmatic profit margin expansion forecasts, but has raised the target price from HK$120.
Hong Kong stock abnormal | techtronic ind (00669) fell by over 3% again, the market is worried that Trump's election will impose additional tariffs and pressure export stocks.
techtronic ind (00669) fell by over 3% again, dropping by over 5% in the afternoon yesterday. As of the time of publication, it was down 3.27%, at 106.5 Hong Kong dollars, with a turnover of 0.231 billion Hong Kong dollars.
Techtronic Industries' 2025 Revenue Growth Prospects Look Promising -- Market Talk
Techtronic Industries Target Price Raised to HK$127.00 From HK$121.00 by CGS International >0669.HK
techtronic ind (00669) has cancelled 0.25 million shares repurchased.
Techtronic ind (00669) announced that the company canceled 0.25 million repurchased shares on November 5, 2024...
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