The Zhitong Finance App learned that Tsugami Machine Tool China (01651) rose by more than 5%. As of press release, it had risen 5.54% to HK$40.74, with a turnover of HK$258.776 million.

According to the news, Citi released a research report stating that the Japan Machine Tool Industry Association released order data for major Japanese machine tool makers for September 2026. Tsugami's export orders from Japan increased 100% year on year, compared with 105% in August; the monthly trend also improved from a 29% month-on-month decline in August to a 26% month-on-month increase in September, indicating that the order situation was superior to market concerns.

The bank pointed out that Tsugami Japan indicated that demand in China's data centers, semiconductors, and humanoid robots is still strong, and orders continue to exceed total production capacity, which is similar to what Tsugami Machine Tool's Chinese management said. As Tsugami Japan's export orders for the first half of fiscal year 2027 (April to September 2026) increased by about 100% year-on-year, the bank is confident that Tsugami Machine Tool's profit forecast for the first half of fiscal year 2027 to the end of September will be achieved, and it has reaffirmed its “buy” rating under poor market sentiment, with a target price of HK$72.

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