HK Stock Market Move | TCL ELECTRONICS (01070) rose more than 7% - Company's profitabilty significantly improved, AIoT creating the second growth curve

TCL ELECTRONICS (01070) surged more than 7%, rising by 7.06% to 10.76 Hong Kong dollars with a trading volume of 169 million Hong Kong dollars. On the news front, in the first half of this year, TCL ELECTRONICS revenue reached 54.78 billion Hong Kong dollars, a year-on-year increase of 20.4%, and the adjusted net profit attributable to owners of the company increased by 62.0% year-on-year to 1.06 billion Hong Kong dollars. According to CINNO Research data, in the first half of 2025, Thunderbird Innovation's AI/AR glasses accounted for a market share of 39% in China. According to Counterpoint data, in the second quarter of 2025, Thunderbird Innovation's AR glasses had a global shipment market share of 39%, becoming the global leader for the first time. In addition, in the direction of AI+IoT+Siasun Robot & Automation integration, TCL ELECTRONICS released the world's first separated intelligent home companion Siasun Robot & Automation TCL AiMe at CES earlier this year. CMSC believes that the company's short-term performance growth is benefiting from the domestic policy incentives and the resolution of uncertainties regarding export tariffs, and sees a positive outlook for the continuous increase in global high-end market share and advantages in the global supply chain layout, as well as the expansion of innovative businesses and cost efficiency. The agency points out that AIoT is creating a second growth curve: the company's forward-looking layout in AI and the Internet of Things, with Thunderbird Innovation leading in the AR/XR field and launching several new products in the first half of 2025, ranking first in online sales during the "618" period. The company also released the world's first separated intelligent home companion Siasun Robot & Automation TCL AiMe, showcasing its leading strength in the field of integration in the "AI+IoT+Siasun Robot & Automation" sector.