HK Stock Market Move | TCL ELECTRONICS(01070) up over 6% in the afternoon, with TCL TV global shipments in the first quarter increasing by 11.4% year-on-year.

TCL ELECTRONICS (01070) rose over 6% in the afternoon, with a 4.99% increase to HK$10.3 at the time of writing, with a trading volume of HK$96.01 million. On the news front, TCL ELECTRONICS had previously released the global TV sales data for the first quarter of 2025. The data showed that in Q1 2025, TCL ELECTRONICS' global TV shipments reached 6.51 million units, an 11.4% year-on-year increase, with sales revenue soaring by 22.3% year-on-year, achieving a simultaneous increase in both quantity and price, continuing its strong momentum of the "mid-to-high-end + large-screen" strategy. CICC pointed out that since 2024, the company's global TV competition has continued to improve, with internal operations efficiency enhancing and profitability steadily improving. In April 2025, the company launched a new round of equity incentives, expanding the coverage of incentives and raising performance evaluation targets, reshaping long-term growth confidence amid global trade fluctuations. The bank believes the company is at a turning point in operational improvement, with the potential to achieve both scale and profitability breakthroughs in the medium to long term.