HK Stock Market Move | Luxshare Precision Industry (02475) rose over 4% in late trading, with third-quarter profit expected to surge 29%-57% quarter-on-quarter.

Luxshare Precision Industry (02475) rose over 4% in late trading. As of press time, it was up 4.32% at HK$58.65, with a turnover of HK$149 million. On the news front, Luxshare Precision Industry previously issued an earnings forecast, expecting to achieve net profit attributable to shareholders of RMB 13.246 billion to RMB 14.398 billion for the first three quarters of 2026, a year-on-year increase of 15%-25%. Based on this, the company's 3Q26 net profit attributable to shareholders is estimated at RMB 5.403 billion to RMB 6.555 billion, a sharp quarter-on-quarter increase of 29%-57% from 2Q26. Changjiang issued a research report stating that looking ahead, the introduction of new products from core consumer electronics customers and ODM/JDM projects, the mass production and implementation of key communications and data center projects, Leoni integration, and the expansion of global automotive electronics customers are expected to jointly drive further optimization of the company's business structure and support the opening up of long-term growth space. Maintain a "Buy" rating on the company.