HK Stock Market Move | TCL Electronics (01070) rose by over 5%, adjusted net profit in the first half of the year is expected to increase by 65% year-on-year, Mini LED TV shipments lead globally.

TCL Electronics (01070) has risen by more than 5%, up 4.95% as of the time of writing, at 10.38 Hong Kong dollars, with a turnover of 1.11 billion Hong Kong dollars. On the news front, TCL Electronics recently announced a profit increase, with an estimated adjusted net profit attributable to shareholders for the first half of 2025 to be between 9.5 billion Hong Kong dollars and 10.8 billion Hong Kong dollars, representing a growth of about 45% to 65% compared to the same period in 2024. In addition, TCL Electronics reported that global TV shipments in the first half of 2025 reached 13.46 million units, a year-on-year increase of 7.6%, ranking the company second in the world in terms of shipments. Among them, the global shipment of Mini LED TVs saw a significant year-on-year increase of 176.1%, placing it first globally in terms of shipments. Changjiang stated that structural opportunities continue to emerge in the home electronics industry, and the company has strong competitive advantages in the large-screen and high-end markets. Looking ahead to the company's future performance, the company is expected to continue expanding its global market share in home electronics, increasing the proportion of high-end products, optimizing its operational efficiency, and achieving high profit growth. Huatai pointed out that it remains optimistic about the company's proactive stance in overseas markets in the second half of 2025, with the increase in high-end products potentially driving further improvement in profitability.