HK Stock Market Move | CRYSTAL INTL(02232) rises by over 3% as tariffs reshape American clothing procurement landscape. The company will further reserve production capacity growth space in Vietnam.

date
11:26 22/10/2025
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GMT Eight
Crystal Garden International (02232) rose by over 3%, as of the time of publication, it rose by 2.25%, reaching 6.81 Hong Kong dollars, with a turnover of 10.59 million Hong Kong dollars.
CRYSTAL INTL (02232) rose by more than 3%, as of the time of writing, it rose by 2.25% to HK$6.81, with a turnover of HK$105.99 million. In terms of news, a Huaxi research report pointed out that starting from August 12, 2025, the US and China will once again suspend the implementation of a 24% tariff for 90 days. In the second half of the year, the overall manufacturing sector is cautious. From the perspective of manufacturing companies, various categories of CRYSTAL INTL are expected to benefit from a customer dividend resonance period. Tianfeng believes that the ongoing impact of tariffs has reshaped the purchasing patterns of the US apparel industry, with brand customers preferring low-cost alternatives to alleviate the burden of high tariffs. This trend may be further intensified due to signs of weakness in the US economy. The bank continued to point out that in response to these market trends, CRYSTAL INTL will prioritize seizing growth opportunities in Europe and Asia. Vietnam is the cornerstone of the company's global production network, accounting for more than 60% of the total production. The company will further reserve production capacity for growth, accelerate the modernization and upgrade of its factories in Vietnam, and develop local vertical supply chains. Additionally, the company will actively evaluate the feasibility of establishing new production bases in the surrounding areas of Europe to shorten transportation times and enhance its ability to respond to the European market.