HK Stock Market Move | TSUGAMI CHINA (01651) rose more than 10% after its performance, reaching a new all-time high in stock price. Its annual net profit increased by nearly 40% year-on-year.

TSUGAMI CHINA (01651) rose more than 10% after the performance report, reaching a high of 67.3 Hong Kong dollars, setting a new historical high. As of the time of writing, it has risen by 10.47% to 67 Hong Kong dollars, with a trading volume of 30.6664 million Hong Kong dollars. On the news front, TSUGAMI CHINA released its full-year performance for 2026 ending in March, with revenue of approximately 5.184 billion yuan, a year-on-year growth of 21.6%; net profit reaching 1.094 billion yuan, a year-on-year growth of 39.9%; and a final dividend of 0.9 Hong Kong dollars per share. It is worth noting that TSUGAMI CHINA plans to change the trading unit from 1000 shares to 500 shares per lot, effective from 9 am on July 21st. Daiwa released a research report stating that it is optimistic about TSUGAMI CHINA due to the inflow of orders from AI server liquid cooling and humanoid Siasun Robot&Automation, as well as the new round of capital expenditure initiated by the foldable smartphone. The report also pointed out that the company's machine tools are used to produce highly precise parts widely used in the industrial field, and attributed the strong upward trend in its stock price since the beginning of the year to the rising cycle of the Chinese metal cutting machine tool market and the strong influx of orders in the first quarter of 2026 for emerging industries.