Group 1 - The core viewpoint of the article indicates that Huatai Textile (01382) has experienced a significant decline in stock price, dropping over 7% to 1.3 HKD, with a trading volume of 2.6968 million HKD [1] - The company expects its profit attributable to equity holders for the six months ending September 30, 2025, to be between approximately 72 million HKD and 82 million HKD, a decrease from 107 million HKD in the same period last year [1] - The decline in profit is primarily attributed to a reduction in sales orders due to the U.S. imposing significant tariff increases on imports from Vietnam, leading some U.S. customers to pause or cancel orders placed with the company's Vietnamese factories [1] Group 2 - The company noted that the impact of U.S. import tariffs is expected to gradually diminish starting from July 2025, with the tariffs subsequently set at a lower rate of 20% [1] - Sales order levels have returned to those seen in March 2025, and the utilization rate of the two Vietnamese factories has rebounded to between 80% and 90% [1]

Core Viewpoint - Constellation Brands reported quarterly earnings and revenue that fell short of analysts' expectations, primarily due to the impact of tariffs on aluminum, yet the company remains confident in its fiscal 2026 forecast despite these challenges [1][2]. Financial Performance - The company reported a fiscal first-quarter net income of $516.1 million, or $2.90 per share, a decrease from $877 million, or $4.78 per share, a year earlier [3]. - Adjusted earnings per share were $3.22, slightly below the expected $3.31, while net sales dropped 5.8% to $2.52 billion, compared to the expected $2.55 billion [6]. Impact of Tariffs - The report reflects the beginning of President Trump's tariffs on canned beer imports in early April, alongside increased trade duties on aluminum, which rose to 25% in mid-March and 50% in early June [4]. - Both imported beer and aluminum are vital to Constellation's beer business, which constitutes approximately 80% of the company's overall revenue [5]. Market Reaction - Following the earnings report, shares of Constellation Brands fell more than 1% in extended trading, with the stock having lost over 20% of its value this year due to concerns regarding the impact of higher tariffs on beer demand [2].