TSUGAMI CHINA (01651) climbed over 6% again, reaching a new high of HK$34.56 and posting a cumulative gain of nearly 200% year-to-date. As of press time, the stock was up 5.23% to HK$34.2 with a trading value of HK$58.9365 million.

On the news front, TSUGAMI CHINA spent HK$11.4012 million on September 30 to repurchase 350,000 shares. According to statistics, the company has conducted 50 share buybacks since the beginning of this year, repurchasing a total of 7.288 million shares with cumulative buyback amounts reaching HK$164 million.

CICC previously issued a research report stating that TSUGAMI CHINA is a leading enterprise in mid-to-high-end CNC lathes with outstanding endogenous competitiveness, giving it an "outperform" rating for initial coverage. The market has not yet fully recognized the incremental potential of liquid cooling and robotics sectors, but the firm remains firmly optimistic about the opportunities these areas present.