HK Stock Market Move | TSUGAMI CHINA (01651) rose nearly 9% again, the prosperity of CNC machine tools continues to exceed expectations, and the company's annual net profit is expected to increase by about 40%.

TSUGAMI CHINA (01651) rose nearly 9%, hitting a high of 53 Hong Kong dollars, setting a new historical high. As of the time of writing, the stock has risen by 8.52%, closing at 52.85 Hong Kong dollars, with a trading volume of 71.4897 million Hong Kong dollars. In terms of news, TSUGAMI CHINA previously announced that it is expected to achieve a net profit attributable to the company's owners of approximately 1.094 billion yuan by the end of March, an increase of about 40% year-on-year. The announcement stated that the rapid development of emerging fields such as AI liquid cooling and semiconductors has continued to drive the demand for high-precision, automated, and composite machine tools, becoming a major driver of the company's performance growth. Open Source Securities pointed out that the numerical control metal cutting machine tool industry has entered an upward cycle of upgrading, with the level of prosperity surpassing expectations. In January-February 2026, the industry's output reached 50,500 units, a year-on-year increase of 45.9%, continuing the high growth trend since the third quarter of 2025. The downstream sectors such as new energy, humanoid Siasun Robot & Automation, and AI precision machining continue to see strong demand, coupled with the accelerated process of domestic substitution, bringing certainty to the industry's growth.