HK Stock Market Move | TCL ELECTRONICS (01070) is now up more than 6%. The industrialization of AI glasses is accelerating, and the company holds 11.5% equity in Thunderbird Innovation.

TCL ELECTRONICS (01070) is now up over 6%, as of the last report, up by 5.52%, at HK$7.45, with a turnover of HK$45.2315 million. On the news front, China Information and Communication Institute has recently started the special testing for AI glasses. A research report from China Securities Co., Ltd. pointed out that with the continuous iteration and growth of large model capabilities, the differences between models are narrowing. Giants like Meta, ByteDance, and Xiaomi have started to vigorously layout for edge AI, competing for the entry of AI agents. The potential breakthrough of edge AI products is expected to appear in 2024, with the cost curve of AI glasses significantly declining, and 2025 is expected to become the first year of its outbreak. It is reported that on January 7th, TCL ELECTRONICS's sub-brand Raybird released a new AI shooting glasses Raybird V3; the company plans to launch a new smart glasses X3Pro in the second quarter of 2025. Guotai Junan previously pointed out that Raybird Innovation is incubated by TCL ELECTRONICS, with the core team coming from TCL, DJI, Meta, and ByteDance, showing obvious innovation advantages. The bank believes that considering TCL ELECTRONICS's overall entry into a profit recovery channel, and with its 11.5% stake in Raybird Innovation, the leading market share in its AI glasses business, the company is expected to benefit fully from the outbreak of the AI industry.