TTNDY TECHTRONIC INDUSTR
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TECHTRONIC INDUSTR News
The comprehensive list of top picks for Hong Kong stocks from brokerages (JPMorgan, UBS Group).
At the end of November, JPMorgan released a outlook report for the Chinese market for next year, listing its top stock picks: China Mobile (00941.HK), NetEase (09999.HK), PDD Holdings (PDD.US), TAL Education (TAL.US), MINISO (09896.HK), MGM CHINA (02282.HK), SINOPEC (00386.HK), Full Truck Alliance (YMM.US), Aluminum Corporation (02600.HK), KINGDEE INT'L (00268.HK), INNOVENT BIO (01801.HK), SINOPEC SEG (02386.HK), AIA (01299.HK), and Hong Kong Electric.
Comprehensive list of preferred Hong Kong stocks from Brokerage (Goldman Sachs, Morgan Stanley) for the outlook.
Goldman Sachs released the Asia-Pacific strategy report in early December, listing the latest Buy stocks (only Hong Kong stocks) according to the Earnings Revisions Leading Indicators (ERLI) criteria: AIA (01299.HK), China Construction Bank (00939.HK), Hong Kong Exchanges and Clearing (00388.HK), Ping An Insurance (02318.HK), Techtronic Industries (00669.HK), China Life Insurance (02628.HK), CKH HOLDINGS (00001.HK), BOC HONG KONG (02388.HK), ZTO Express (02057.HK), MTR Corporation (00066.HK), Postal Savings Bank Of China (01658.
Express News | TECHTRONIC IND: On December 23, a total of 0.04 million shares were issued due to the exercise of stock options.
TECHTRONIC IND (00669.HK) issued 0.04 million shares due to the exercise of stock options.
Gelonghui December 23 - TECHTRONIC IND (00669.HK) announced that on December 23, 2024, it will issue 0.04 million shares by exercising the granted stock options under the post-listing stock option plan (adopted on May 19, 2017).
Nomura lists the list of Chinese stocks that are expected to "continue to outperform" (table).
Nomura published a report on the Asia (excluding Japan) stock market, listing Chinese stocks that are "Consistent Outperformers," with criteria including a listing period of at least six years, daily average trading volume exceeding 0.5 million USD, relative performance superior to the benchmark since 2015/listing date, and a market cap exceeding 0.5 billion USD.
Quick view of the Hong Kong market | All three major indexes fell, with the tech index dropping over 1%; tech stocks and Insurance stocks weakened, Bilibili fell more than 5%; FOSUN TOURISM resumed trading and rose by 80%.
Network Technology stocks fell broadly, JD-SW fell by 2.80%, MEITUAN-W fell by 2.79%; Digital Health stocks declined, ZA ONLINE fell by 1.85%, MediChina fell by 1.41%; Real Estate Developers' stocks also fell, SUNAC rose by 5.36%, SHK PPT fell by 2.55%;
Hong Kong stock movement | TECHTRONIC IND (00669) dropped over 4% in the afternoon, facing trade uncertainties in the Industry. The company has already increased its supply chain resilience.
TECHTRONIC IND (00669) fell more than 4% in the afternoon. As of the time of this report, it decreased by 3.71%, trading at 109 Hong Kong dollars with a transaction volume of 0.228 billion Hong Kong dollars.
Goldman Sachs has listed a buy list for Hong Kong stocks based on a reassessment of earnings leading indicators (ERLI) in the report.
Goldman Sachs released its strategy report for the Asia-Pacific region at the beginning of this month, listing the latest buy stocks (only Hong Kong stocks) according to the earnings revision leading indicator (ERLI) criteria: AIA (01299.HK), CCB (00939.HK), HKEX (00388.HK), Ping An Insurance (02318.HK), Techtronic Industries (00669.HK), China Life (02628.HK), ckh holdings (00001.HK), BOC Hong Kong (02388.HK), and ZTO Express (02057).
Techtronic Industries Insiders Sold US$85m Of Shares Suggesting Hesitancy
A piece of news triggered a sharp fluctuation in techtronic ind's stock price, which once plummeted over 7%.
① How does techtronic ind respond to potential tariff risks? ② What is the institutions' view on techtronic ind's situation under the influence of trade tariffs?
Hong Kong stocks fluctuated, as Trump plans to impose a 10% tariff on commodities from China, leading to a drop of over 7% in techtronic ind.
On November 26, Glonghui reported that Trump will impose a 10% tariff on chinese commodities, causing the stock prices of export-oriented companies in the Hong Kong stock market to decline. Among them, techtronic ind (0669.HK) once fell more than 7%, and shenzhou international group holdings limited unsponsored adr (2313.HK) dropped nearly 4%. On the news front, the elected president of the usa, Trump, posted on TRUTH SOCIAL, stating that the usa will impose more tariffs on major trading partners. Trump indicated that a 10% tariff will be imposed on chinese commodities and a 25% tariff on all commodities from Mexico and Canada. (Glonghui)
Lyon: Reiterates techtronic ind 'outperform' rating, target price downgraded to 135 Hong Kong dollars.
Lyon released a research report stating that due to trade fluctuations and slightly higher sales and general administrative expenses (SG&A), the net income forecast for Techtronic Ind (00669) for the 2025 and 2026 fiscal years has been respectively lowered by 4.4% and 3.4%, with its target price lowered from HK$138 to HK$135, reiterating an 'outperform the market' rating. The company's advantage in product innovation and solution development is expected to further widen the profit gap with its peers. Lyon predicts that Techtronic's brand matrix and close ties with non-residence distribution channels will drive Milwaukee's sales growth back to double digits.
In "The Big Bank", Lyon has lowered the target price of Technology (00669.HK) to 135 yuan in anticipation of trade uncertainty.
Lyon published a research report indicating that Techtronic Industries (00669.HK) has advantages in product innovation and solution development, which should further widen its profit margin compared to peers. Lyon expects that Techtronic's brand matrix and its close ties with non-residential distribution channels will drive Milwaukee's sales growth back to double digits. The firm also estimates that regarding trade uncertainties, Techtronic has significantly improved its supply chain resilience, reducing china's exposure to the usa market. Therefore, compared to its competitors, Techtronic is better prepared. Lyon also mentioned that due to trade fluctuations and slightly increased selling and administrative expenses (SG&A)...
Citi: Recommends buying techtronic ind as one of the top picks in the mainland industrial sector.
Citigroup's report states that Home Depot's same-store sales fell by 1.3% in the third quarter, exceeding expectations. The company has raised its full-year sales decline from 3% to 4% to 2.5%, believing that the same-store sales growth benefited from stable weather, seasonal products, and the popularity of some outdoor products, as well as demand related to tornadoes. The bank pointed out that as Home Depot is the largest customer of Techtronic Ind, it is expected that the latter will gain good momentum in the third quarter operations, although Techtronic's stock price has recently been dragged down by Trump's possible increase in trade tariffs. The bank believes this is a good buying opportunity because Techtronic has historically outperformed macroeconomic and industry performance.
Citi: Home Depot (HD.US) is expected to perform well in the quarter, and expects Techcombank (00669.HK) to gain good momentum in the third quarter.
Citi's report stated that Home Depot (HD.US) saw a 1.3% decline in same-store sales in the third quarter, beating expectations. The company has raised its full-year sales decline from 3% to 4% to 2.5%, believing that the growth in same-store sales benefited from stable weather, seasonal products, the popularity of some outdoor products, and demand related to tornadoes. The bank pointed out that as Home Depot is the largest customer of Techtronic Industries (00669.HK), the latter is expected to have good momentum in the third quarter, although Techtronic's stock price has recently been affected by Trump's possible increase in trade tariffs. The bank believes this is a good buying opportunity, as Techtronic has a history
Citi: Maintains a "buy" rating on techtronic ind (00669) with a target price of HK$140.
China Science is also one of Citi's preferred industrial stocks in China. The bank prefers China Science over Crest Peak Holdings (02285).
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
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