TCL Electronics climbs most in 3-1/2 months on robust earnings estimates

TCL Electronics Holdings

20/10/2026 03:50

** Shares of TCL Electronics Holdings 1070.HK climb 7.1% to HK$17.43, on track for the biggest one-day pct gain since July 6 
** Stock touches the highest level since October 13
** Chinese television maker expects adjusted profit attributable to first three quarters to jump 45%-55% y/y to HK$2.11 billion to HK$2.25 billion ($268.86 million-$286.70 million)
** Company expects revenue to rise 10% to 18% y/y to HK$91.0 billion to HK$97.7 billion as it expands global market coverage and improves operational quality
** YTD, stock up 65.7%, while benchmark Hang Seng Index .HSI down 6.7%
($1 = 7.8479 Hong Kong dollars)

(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))