The analyst rating from Citi is positive for most Chinese exporters because the US Supreme Court's ruling invalidated several tariffs imposed by the Trump administration. This means that US customers of these exporters will now face higher equivalent tariffs instead of the additional 15% tariff under Section 122. As a result, companies with higher sales in the US are expected to benefit more. Citi specifically prefers TECHTRONIC IND (00669.HK), DC HOLDINGS (00861.HK), and STELLA HOLDINGS (01836.HK) due to their higher dividend yields and the lower impact of tariffs this year compared to last year.
