TCL Electronics Joins Hang Seng Index

TCL Electronics' inclusion in the Hang Seng Composite LargeCap & MidCap Index is effective March 9, 2026. This promotion moves the company up from the Hang Seng Composite SmallCap Index, reflecting what the capital market sees as its growing liquidity, business scale, and industry leadership. The company's addition to the index follows a period of strong financial performance. In 2024, TCL Electronics reported a 25.7% year-on-year increase in revenue, reaching HKD 99.32 billion, with an adjusted net profit that surged by 100.1%. This growth is attributed in part to the success of its large display business, which saw revenue climb 23.6% in the same period. Globally, TCL has solidified its position as a major player in the television market. In December 2025, the company surpassed Samsung to become the top brand in global TV shipments for the month, capturing a 16% market share. For the full year of 2025, TCL was narrowing the gap with Samsung, holding 16% of the market to Samsung's 17%. A key driver of this growth has been the company's focus on the "mid-to-high-end and large-screen" strategy. In the first three quarters of 2025, global shipments of TCL TVs 65 inches and larger grew by 25.8% year-over-year. The company has also seen significant success in the premium Mini LED TV segment, with global shipments increasing by 153.3% in the same period. Beyond televisions, TCL Electronics is diversifying its business. The company's innovative business segment, which includes photovoltaic products, saw a 44.9% revenue increase in 2024. The photovoltaic business revenue, in particular, grew by an impressive 104.4% year-over-year. The inclusion in the Hang Seng index is expected to attract more attention from domestic and international institutional investors. The Hang Seng family of indexes are the most widely quoted gauges of the Hong Kong stock market, with assets under management in products passively tracking these indexes reaching approximately USD 88.2 billion as of March 2025. TCL Electronics has been listed on the mainboard of the Hong Kong Stock Exchange since November 1999. The company is also part of the Shenzhen-Hong Kong Stock Connect programme, further integrating it into the broader Chinese financial markets.