HK Stock Market Move | IMPRO PRECISION (01286) rises by over 6% as AI drives demand for gas turbines up, related component suppliers expected to benefit.

IMPRO PRECISION (01286) rose by more than 6%, rising by 6.54% as of the time of writing, reaching 5.05 Hong Kong dollars, with a turnover of 103.49 million Hong Kong dollars. On the news front, the recent overseas gas turbine expansion has accelerated, with Tianfeng forecasting a global gas turbine supply of 87GW by 2027, with a net increase of 26GW. This contrasts with ENR's forecast of an annual average of 100GW+ from 2026 to 2035, indicating a supply-demand gap. The bank believes that overseas gas turbine companies will continue to expand production after 2027, with corresponding expectations of benefits for Chinese related component companies. Huaxi also believes that domestic gas turbine technology-leading enterprises are expected to fully benefit from this round of overseas demand overflow, with orders continuing to be fulfilled, and expressing optimism for core component suppliers like IMPRO PRECISION. Industrial's previous research report pointed out that IMPRO PRECISION is a global Top 10 manufacturer of high-precision, high-complexity, and high-performance castings and machine parts; the company's production capacity is globally distributed, with the Mexican factory gradually increasing capacity; overseas revenue accounts for a high proportion, with tariffs smoothly passed on to American customers; high downstream demand for high-horsepower engines, Siasun Robot & Automation, and others, increasing the company's performance potential.