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<Research>Citi Prefers TECHTRONIC IND, SHENZHOU INTL; Trump's Tariffs Hit Apparel & Footwear Biz Harder
In the letters sent to 14 countries (including Japan and South Korea) on tariff policies, US President Donald Trump announced the new tariffs of 25%-40% and the extension of the im...
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<Research>Citi Prefers TECHTRONIC IND, SHENZHOU INTL; Trump's Tariffs Hit Apparel & Footwear Biz Harder
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In the letters sent to 14 countries (including Japan and South Korea) on tariff policies, US President Donald Trump announced the new tariffs of 25%-40% and the extension of the implementation date of reciprocal tariffs to August 1.

The tariffs, as Citi said in its report, are expected to have a greater impact on apparel and footwear businesses as they have significant production facilities in ASEAN.

Among Chinese exporters, Citi preferred TECHTRONIC IND (00669.HK)  +0.700 (+0.774%)    Short selling $22.30M; Ratio 14.005%   , SHENZHOU INTL (02313.HK)  -1.150 (-1.976%)    Short selling $27.37M; Ratio 24.545%   , STELLA HOLDINGS (01836.HK)  -0.120 (-0.824%)    Short selling $2.94M; Ratio 22.446%   , and CRYSTAL INTL (02232.HK)  -0.160 (-2.899%)    Short selling $639.86K; Ratio 4.263%   . It also assigned a Sell rating to CHERVON (02285.HK)  -0.100 (-0.532%)    Short selling $2.95M; Ratio 19.373%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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