HK Stock Market Move | TCL Electronics (01070) rises by over 4% again, with performance forecast bottom meeting the upper limit of the 2025 stock incentive target.

TCL ELECTRONICS (01070) rose by over 4% again, rising by 3.76% to HK$11.59 as of the release, with a turnover of HK$38,431.9 million. On the news front, TCL ELECTRONICS recently announced a profit surge, expecting the adjusted profit attributable to the equity holders of the Group for the year 2025 to be between HK$23.3 billion and HK$25.7 billion, representing a growth of about 45% to 60% compared to the same period in 2024. This is mainly due to the quality growth in the Group's global business, continued strengthening of overall profitability; active improvement of AI digital capabilities, further enhancing operational efficiency and effective reduction in cost rates. Lyon published a research report stating that this performance exceeded the highest target of the company's 2025 incentive plan and was higher than expected by the bank. Lyon believes that TCL ELECTRONICS has a stronger sales and profitability in the United States, a larger revenue base for high-profit Internet businesses, and better operational efficiency. Galaxy Securities stated that the lower limit of this performance forecast meets the upper limit of the 2025 equity incentive target, eliminating concerns in the market about the impact of the decline in national subsidies. In addition, the company values shareholder returns, with cash dividends for 2023 and 2024 both at a rate of 50%, and it is expected that the high level of returns will continue.