Core Viewpoint - Export stocks are generally underperforming due to the announcement of additional tariffs on Chinese goods by the U.S. starting November 1, which may lead to stock volatility in the affected companies [1] Group 1: Stock Performance - Companies such as Techtronic Industries (00669) saw a decline of 3.64%, trading at HKD 91.3; Haier Smart Home (06690) dropped 3.38% to HKD 24.56; Shenzhou International (02313) fell 1.71% to HKD 63.15; and QuanFeng Holdings (02285) decreased by 1.04% to HKD 20.84 [1] Group 2: Policy Impact - On October 10, former President Trump announced that the U.S. would impose an additional 100% tariff on Chinese goods starting November 1, along with export controls on key software [1] - Citigroup's report indicates uncertainty regarding the duration of this policy, but suggests that stock volatility during this period may be lower than during the retaliatory tariffs implemented in Q2 2025, as the new tariffs will only apply to manufacturers exporting directly from China to the U.S. [1] Group 3: Stock Preferences - Citigroup's preference order among Chinese exporters is Techtronic Industries > Shenzhou International > JiuXing, considering the Federal Reserve's interest rate cut cycle and the low proportion of Chinese imports in their U.S. sales [1]

Core Insights - Pudwill Horst Julius increased his stake in Techtronic Industries (00669.HK) by acquiring 125,000 shares at an average price ranging from HKD 94.136 to HKD 96.95, totaling approximately HKD 11.91 million [1] Shareholding Summary - After the acquisition, Pudwill Horst Julius's total shareholding reached 399,952,294 shares, resulting in a slight increase in his ownership percentage from 21.84% to 21.85% [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9月30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: | 2025年10月3日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 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 | | | 1,831,094,941 | | 0 | | 1,831,094,941 | | 增加 / 減少 (-) | | | -250 ...

Summary of Key Points Core Viewpoint - Pudwill Stephan Horst has reduced his stake in 创科实业 (Techtronic Industries) by selling 250,000 shares at an average price of HKD 104.4126 per share, resulting in a total transaction value of approximately HKD 26.1032 million. Following this transaction, his shareholding decreased from 0.62% to 0.61% of the total shares outstanding [1]. Group 1 - Pudwill Stephan Horst sold 250,000 shares of 创科实业 at an average price of HKD 104.4126 per share [1]. - The total value of the shares sold amounts to approximately HKD 26.1032 million [1]. - After the sale, Pudwill Stephan Horst's total shareholding is now 11,084,500 shares [1].

Group 1 - Pudwill Stephan Horst reduced his stake in Techtronic Industries (00669) by selling 250,000 shares at a price of HKD 104.4126 per share, totaling approximately HKD 26.1032 million [1] - After the reduction, the latest number of shares held by Pudwill Stephan Horst is 11.0845 million, representing a holding percentage of 0.61% [1]

Group 1 - Pudwill Stephan Horst reduced his stake in Techtronic Industries (00669) by selling 250,000 shares at a price of HKD 104.4126 per share, totaling approximately HKD 26.1032 million [1] - After the reduction, the latest shareholding amount is 11.0845 million shares, representing a holding percentage of 0.61% [1]

Group 1 - Pudwill Stephan Horst reduced his stake in Techtronic Industries (00669) by selling 250,000 shares at a price of HKD 104.4126 per share, totaling approximately HKD 26.1032 million [1] - After the reduction, the latest number of shares held by Pudwill Stephan Horst is 11.0845 million, representing a holding percentage of 0.61% [1]

Core Viewpoint - The company, Techtronic Industries (00669.HK), announced the issuance of 250,000 shares on September 8, 2025, as part of its post-listing share option plan adopted on May 29, 2007 [1] Group 1 - The share issuance is a result of exercising granted options under the company's share option plan [1] - The announcement indicates the company's ongoing commitment to its employee incentive programs [1] - The issuance of shares may impact the company's share structure and investor sentiment [1]

Group 1 - The company, 创科实业 (00669), announced the issuance of 250,000 shares as part of its post-listing share option plan adopted on May 29, 2007 [1] - The shares will be issued on September 8, 2025 [1]

Group 1 - The company, 创科实业 (00669), announced the issuance of 250,000 shares based on the stock option plan adopted on May 29, 2007 [1] - The shares will be issued on September 8, 2025 [1]