TCL Electronics set for biggest daily rise in three weeks on robust forecast

TCL Electronics Holdings

20/04/2026 03:56

** Shares of TCL Electronics Holdings 1070.HK climb 4.8% to HK$14.52, on track for biggest one-day pct gain since April 1

** Stock hits the highest point since April 13 in the third straight session of gains

** Television maker expects Q1 adjusted profit attributable to jump 125%-150% y/y to HK$360 mln-HK$400 mln ($45.96 mln-$51.06 mln), with revenue up 10%-20% to HK$27.8 bln-HK$30.4 bln

** Group expects its business to maintain steady development for 2026

** YTD, stock up 37.5%, benchmark Hang Seng Index .HSI up 2.7%

($1 = 7.8332 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))