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港股异动 | 创科实业(00669)现涨超3% 北美降息或提振工具终端需求 国内房屋修缮维护需求有望涌现

HK stocks rise | Techtronic Ind (00669) now up more than 3%, North American interest rate cuts may boost tool terminal demand, while domestic housing repair and maintenance demand is expected to emerge.

Zhitong Finance ·  Sep 16 15:14

Techtronic ind (00669) is now up more than 3%, up 3.33% as of the press release, at HK$108.5, with a turnover of 0.18 billion Hong Kong dollars.

According to the Zhitong Finance and Economics APP, Techtronic ind (00669) is now up more than 3%, up 3.33% as of the press release, at HK$108.5, with a turnover of 0.18 billion Hong Kong dollars.

On the news front, Techtronic ind recently released its interim performance, with a turnover of 7.312 billion US dollars, a year-on-year increase of 6.3%; attributable net profit to shareholders of 0.55 billion US dollars, a year-on-year increase of 15.7%. Sinolink Securities pointed out that considering the company's position as a leader in the power tool industry, the opening of the North American interest rate cut cycle is expected to boost the demand for tool terminals, and the company's competitive advantage is highlighted, with the potential for market share and profitability to continue to improve.

Huafu Securities pointed out that a large number of middle-class American families live in suburban villas, and due to the high labor costs in the USA, consumers have a greater demand for DIY home repairs, furniture making, and gardening. After the sales peak of new homes in China, with the increase in housing age and the higher labor costs in China, it is expected that there will also be related demand for home repairs and DIY, so companies in the power tool industry have opportunities worth paying attention to in China as well.

The translation is provided by third-party software.


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