Core Viewpoint - American Capital Group increased its stake in Techtronic Industries (00669) by acquiring 2.683875 million shares at a price of HKD 94.9678 per share, totaling approximately HKD 255 million, resulting in a new holding of about 92.052 million shares, representing 5.03% ownership [1] Group 1 - American Capital Group's recent purchase of shares indicates a bullish sentiment towards Techtronic Industries [1] - The total investment made by American Capital Group amounts to approximately HKD 255 million [1] - Following the acquisition, American Capital Group's total shareholding in Techtronic Industries is now approximately 92.052 million shares [1]

Group 1 - The core point of the article is that American Capital Group has increased its stake in Techtronic Industries (00669) by acquiring 2.683875 million shares at a price of 94.9678 HKD per share, totaling approximately 255 million HKD [1] - After the acquisition, American Capital Group's total shareholding in Techtronic Industries is approximately 92.052 million shares, representing a holding percentage of 5.03% [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年12月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 創科實業有限公司 | | | 呈交日期: | 2026年1月5日 | | | I. 法定/註冊股本變動 | 不適用 | | FF301 第 1 頁 共 10 頁 v 1.1.1 III.已發行股份及/或庫存股份變動詳情 (A). 股份期權（根據發行人的股份期權計劃） FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00669 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 1,830,864,941 | | 0 ...

Group 1 - Major investment banks like Goldman Sachs, Morgan Stanley, and UBS are optimistic about the global stock market outlook for 2026, expecting double-digit gains in both developed and emerging markets due to strong earnings growth, declining interest rates, and reduced policy headwinds [1] - The United States is projected to maintain its position as the global growth engine, driven by a resilient economy and an AI-driven supercycle that is leading to record capital expenditures and rapid earnings expansion [1] - The momentum of the AI industry is spreading globally across various sectors including technology, utilities, banking, healthcare, and logistics, creating both winners and losers amid an already imbalanced K-shaped economy [1] Group 2 - Goldman Sachs has released a list of recommended stocks for investment based on the Earnings Revision Leading Indicator (ERLI), which includes companies such as AIA Group (01299.HK), Xiaomi Group-W (01810.HK), Lenovo Group (00992.HK), and Hong Kong Exchanges and Clearing (00388.HK) [1] - Other notable stocks on the list include China Ping An (02318.HK), Zijin Mining (02899.HK), Techtronic Industries (00669.HK), and China Pacific Insurance (02601.HK) [1] - Additional companies mentioned are ZTO Express-W (02057.HK), Luoyang Molybdenum (03993.HK), Hua Hong Semiconductor (01347.HK), and China Aluminum (02600.HK) [1]

Group 1 - The company, 创科实业 (00669.HK), announced that it will hold a board meeting on March 3, 2026, to approve the annual results for the year ending December 31, 2025 [1] - The board will also consider the distribution of the final dividend for the year 2025 during this meeting [1]

香港，二零二六年一月二日 於 本 公 告日 期 ，董 事 會包 括 ︰ 六名 集 團執 行 董事 ， 即 主 席 Horst Julius Pudwill 先 生、 副 主 席 S tep ha n Ho rst Pu dwill 先 生、行 政 總 裁 S t even Ph ilip Rich man 先生、陳 建 華 先 生、 陳 志 聰 先 生 及 Ca mi lle Jo jo 先生；及 八 名 獨 立 非 執 行 董 事 ， 即 Pet er Da vid S u lliva n 先生、 Jo h a nn es-Gerh a rd Hesse 先生、 Ro b er t Hin ma n Getz 先 生 、 Virg in ia Da vis Wilmerd in g 女 士 、 Ca r o lin e Ch ristin a Kra ch t 女士、 An d rew Ph ilip Ro b erts 先生、 吳 家 暉 女 士 及 黃 子 全 先 生 。 (股份代號: 669) 董事會召開日期 創科實業有限公司（「本公司」）董事會（「董事會」）謹此宣布，本公司將於 二零二六年三月三日（ ...

Core Insights - The report emphasizes the strong resilience of leading white goods companies, highlighting their high dividend yields, with Gree Electric at 7.3%, Midea Group at 5.1%, Hisense Home Appliances at 4.9%, and Haier Smart Home at 4.6% [6][22] - The "Home Appliance +" strategy indicates opportunities in extending the appliance industry into robotics, with companies like Midea Group and Fuhua Co. making significant advancements [6][58] - The export market shows potential, particularly in the U.S. real estate sector, with expectations of demand recovery due to anticipated interest rate cuts and housing stimulus policies [6][70] Section Summaries 2025 Home Appliance Review - The home appliance index has shown a modest increase of 7.7% year-to-date, underperforming the CSI 300 index by approximately 9.7 percentage points [11][14] - The market style in 2025 has favored growth stocks, while the home appliance sector has leaned towards value, leading to a mismatch in market expectations [13][14] - The public fund allocation in the home appliance sector is at a historical low of 2.94%, indicating potential for future growth as external demand remains optimistic [18][19] Dividends - Leading white goods companies maintain high dividend yields, with Gree Electric at 7.3%, Supor at 6.1%, and Midea Group at 5.1%, reflecting strong earnings resilience [24][29] - The report suggests that the dividend rates for companies like Midea and Haier may continue to increase, supported by robust profit growth [24][30] Domestic Sales - The national subsidy policy has positively impacted consumer confidence, with a clear trend towards structural upgrades in appliance consumption [34] - The sales growth of home appliances has been driven by the "trade-in" policy, although growth rates have shown a declining trend in the latter part of the year [34][39] - The air conditioning market has maintained stable pricing, with a continued trend towards mid-to-high-end products [39] "Home Appliance +" - Midea Group has made significant investments in robotics, with humanoid robots already in practical application within factories [58] - Fuhua Co. is expected to launch its grain storage robots in 2026, indicating a diversification into new growth areas [59] - Key component manufacturers like Huaxiang Co. and Hanyu Group are positioned to benefit from the robotics trend, focusing on core components such as reducers and harmonic drives [64][65] Exports - The U.S. real estate market is expected to recover, with potential interest rate cuts and housing stimulus policies likely to boost demand for home appliances [71][84] - Retail inventory levels in the U.S. are high, which may affect sales performance in the short term, but long-term housing demand remains strong [76][83] - The report anticipates that if mortgage rates fall below 6%, there could be a significant recovery in demand within the real estate chain [84]

Group 1 - The company, 创科实业 (00669), announced the cancellation of 750,000 shares that have been repurchased on December 30, 2025 [1]

Group 1 - The company, Techtronic Industries (00669.HK), announced the cancellation of a total of 750,000 repurchased shares on December 30, 2025 [1]

Core Viewpoint - The company, 创科实业 (00669), announced the cancellation of 750,000 repurchased shares, effective December 30, 2025 [1] Group 1 - The cancellation of shares indicates a strategic move to enhance shareholder value by reducing the number of outstanding shares [1] - The repurchase and subsequent cancellation of shares may reflect the company's confidence in its financial position and future growth prospects [1]