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Track | Chervon Shares Soar 6% as Company Unveils Plans to Mitigate U.S. Tariffs","url":"https://stock-news.laohu8.com/highlight/detail?id=1178130720","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1178130720?lang=en_us&edition=fundamental","pubTime":"2025-04-01 10:20","pubTimestamp":1743474032,"startTime":"0","endTime":"0","summary":"Chervon  saw its stock price surge by 6% during Tuesday's trading session, as investors responded positively to the company's strategic plans to address U.S. tariffs on Chinese goods.According to a research report by Daiwa Capital Markets, based on a non-deal roadshow with Chervon's chairman and CEO, the Chinese tool manufacturer is taking proactive measures to mitigate the impact of U.S. tariffs. The company plans to accelerate its capacity relocation to Vietnam, aiming for 30% of its group-wid","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Chervon Shares Soar 6% as Company Unveils Plans to Mitigate U.S. Tariffs","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["02285"],"gpt_icon":0},{"id":"2524618466","title":"Chervon Likely Planning Measures to Mitigate U.S. Tariffs -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2524618466","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524618466?lang=en_us&edition=fundamental","pubTime":"2025-04-01 10:18","pubTimestamp":1743473880,"startTime":"0","endTime":"0","summary":"0217 GMT - Chervon is likely planning to take measures to mitigate U.S. tariffs on China, based on non-deal roadshow with the company's chairman and CEO, Daiwa Capital Markets analysts say in a research report. One measure is accelerating capacity relocation to Vietnam, with an aim for capacity in Vietnam to account for 30% of group-wide capacity by end-2025, the analysts note. Another is working with channel partners to share roughly half of the extra tariff burden. To reflect assumptions of additional tariffs and efficiency losses on relocation, the brokerage cuts its 2025-2026 earnings forecasts for the Chinese tool manufacturer by 6%-18%. It lowers the stock's target price to HK$26.00 from HK$28.00 and maintains a buy rating. 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