On August 13, JOHNSON ELEC H rose 5.1% in regular trading, trading at 20.8 HKD/share, with turnover of approximately 31.16 million HKD. The rally was primarily driven by broad strength in the auto parts sector ahead of industry mid-year earnings disclosures.
On the news front, broker research reports highlighted quality auto parts companies poised to benefit from industry momentum, with core component makers such as electric motor suppliers seen as key beneficiaries. Sector peer NEXTEER surged 15.4% on the same day, reflecting strong sector linkage. Additionally, institutional research noted that JOHNSON ELEC H recorded Q1 automotive revenue of USD 778 million, accounting for 84% of total sales and rising 2% year-over-year, with recovering orders from Chinese domestic automakers signaling a positive inflection point in its Asia-Pacific automotive business.
Within the Auto Parts & Equipment sector, top movers include NEXTEER up 15.4%, MINTH GROUP up 2.09%, and CALB up 2.65%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)