TCL Electronics (01070) rose more than 7% in Hong Kong trading. As of the time of writing, the stock was up 7.14% to HK$12.3, with a turnover of HK$72.8593 million.

On the news front, according to the latest review results released by Hang Seng Indexes Company, due to its outstanding business performance and steady market capitalization growth, TCL Electronics has been elevated from the Hang Seng Composite Small Cap Index to several authoritative indices, including the Hang Seng Composite Large & Mid Cap Index, the Hang Seng Large & Mid Cap (Investable) Index, and the Hang Seng Composite Mid Cap Index. This adjustment will take effect on March 9, 2026 (next Monday).

It is understood that inclusion in indices such as the Hang Seng Composite Large & Mid Cap Index is expected to attract greater attention from domestic and international institutional investors, leading to increased capital inflows and providing a definitive source of incremental funds.

Huachuang Securities pointed out that TCL Electronics is transforming into a global leader driven by both profit and market share. In terms of global market share, TCL Electronics continues to increase its overseas presence. According to data from Tonglian and Euromonitor, its market share in North America grew from 4.5% in 2016 to 18% in 2023.

Simultaneously, the company is leveraging its brand influence and extensive global distribution network to empower the development of its innovation businesses. Among these, the distributed photovoltaic business, backed by its parent company TCL Zhonghuan, saw revenue increase by 104% year-on-year to HK$12.87 billion in 2024. Additionally, the AI+AR glasses business incubated by the company, under the brand TCL Thunderbird, captured a 45% share of sales in the domestic AI+AR glasses market in the first quarter of 2025, according to CINNO Research, firmly securing the top position in the industry.