Techtronic Industries (00669) saw its shares rise more than 5% during the trading session. At the time of writing, the stock was up 3.84%, trading at HK$124.3, with a turnover of HK$912 million. The movement follows a U.S. Supreme Court ruling that invalidated multiple tariffs imposed by the Trump administration. Subsequently, Trump raised global tariffs to 15% for a period of 150 days. Citigroup views the ruling as broadly positive for most Chinese exporters, as their U.S. customers will now bear higher reciprocal tariffs rather than an additional 15% levy under Section 122. Companies with greater exposure to U.S. sales are expected to benefit more. The bank expressed a favorable outlook for Techtronic Industries. J.P. Morgan previously released a research report stating that the power tool industry is returning to a growth trajectory, driven by normalized supply chain and inventory adjustments, a more favorable interest rate cycle, and company-specific catalysts. For Techtronic Industries, the bank anticipates a reacceleration in revenue growth for the Milwaukee brand due to rapid expansion in the total market size. Additionally, following the exit from Walmart's HART brand, the company is refocusing on its consumer business, particularly the Ryobi brand at Home Depot.