HK Stock Connect Insight | TSUGAMI CHINA (01651.HK): Included in Stock Connect on Sept 7 as southbound stake rises to 3.03%

NewTimeSpace News: As of 13:41 on 23 October, Precision Tsugami (China) Corporation Limited (01651.HK) traded at HK$38.48, up 3.89%, on 1.04 million shares and HK$38.54 million worth, a turnover rate of 0.28%, with a total market capitalisation of about HK$14.18 billion.

On southbound holdings, TSUGAMI CHINA has seen continuous accumulation of holdings since its inclusion in the Stock Connect. According to Choice data, southbound holdings stood at 1.55 million shares on 9 September, equal to 0.41% of issued shares, rising to 11.21 million shares and 3.03% by 22 October, with the largest single-day increase in the interval coming on 22 September, when net additions reached 1.35 million shares, or 23.47%.

On fundamentals, the most recent results cover the financial year ended 31 March 2026, reported in renminbi. Full-year revenue was RMB5.18 billion, up 21.65% year on year, with gross profit of RMB1.81 billion, up 28.18%, and a gross margin of 34.87%, up 1.78 percentage points. Net profit attributable to owners reached RMB1.09 billion, up 39.87%, with basic earnings per share of RMB2.98.

On institutional research, SDIC Securities published a report on 21 October titled "A leading precision lathe maker continuously benefiting from the AIDC cycle", which argued that the company has built on Japanese technology to deepen its presence in precision lathes, and that the ramp-up of new demand such as AI liquid cooling has driven results to record highs.