HK Stock Market Move | TCL ELECTRONICS (01070) rose by over 6% to reach a new high, with a high increase in global TV shipments in the first quarter. Institutions are optimistic about its dual breakthrough in scale and profit.

TCL ELECTRONICS (01070) rose more than 6%, reaching a high of HK$10.32, hitting a new high. As of the time of writing, it rose 6.51% to HK$10.3, with a turnover of 102 million Hong Kong dollars. On the news front, TCL ELECTRONICS recently released first-quarter global TV shipment data. The company's global TV shipments in the first quarter reached 6.51 million units, an increase of 11.4% year-on-year. Benefiting from the increase in the proportion of high-end products in the company's TV business, the company's TV sales increased by 22.3% year-on-year. Among them, the global shipment volume of TCL Quantum Dot TVs increased by 74.9% year-on-year to 1.33 million units, and the global shipment volume of TCL Mini LED TVs was about 550,000 units, with a year-on-year growth rate of as high as 232.9%. CICC pointed out that since 2024, TCL ELECTRONICS' global competitiveness in the color TV industry has continued to improve, internal management efficiency has been enhanced, and profitability has been continuously improving. In April 2025, the company launched a new round of stock incentives, expanded the coverage of incentives, and raised performance assessment targets, reshaping long-term growth confidence in the face of global trade fluctuations. CICC believes that the company is at a turning point in operational improvement and is expected to achieve both scale and profitability breakthroughs in the medium to long term.