＜Research＞Citi Opens 90D Positive Catalyst Watch for TECHTRONIC IND (00669.HK)

　　Citi Research released a research report, opening a 90-day positive catalyst watch for TECHTRONIC IND (00669.HK) -0.200 (-0.224%) Short selling $103.67M; Ratio 16.446% and reiterating its Buy rating with a target price of $116.

　　After TTI's earnings returned to flat in 2H23, its earnings in 1H24 was expected to return to a YoY growth of 17%. In addition, the broker pointed out that almost all of the company's products shipped to the US are produced in the US, Mexico and Vietnam, so the decline in its share price due to the escalated risk of a US-China trade war is unjustifiable.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-02 16:25.)

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