China Industrials_ Pre-Summit Trip Takeaways – Day 4

M Update China Industrials | Asia Pacific November 18, 2024 02:58 AM GMT Pre-Summit Trip Takeaways – Day 4 We visited Hongfa, Faratronic, and Eddie Precision. Hongfa and Faratronic maintained a relatively positive tone on the auto business in 4Q and 2025, with market share gains. Overseas remains a key growth driver. Hongfa thinks the impact of potential tariff hikes should be limited. Hongfa (600885.SS, OW) 3Q business update and 4Q revenue outlook: Management attributed the power relay growth slowdown in ...