Understanding the Market | CRYSTAL INTL rises over 3% as tariff impacts reshape the U.S. apparel procurement landscape; the company will further reserve capacity for growth in Vietnam

CRYSTAL INTL rose over 3%, as of the time of writing, it increased by 2.25%, trading at HKD 6.81, with a transaction volume of HKD 10.5999 million. In terms of news, Huaxi Securities' research report pointed out that the U.S. and China will again suspend the implementation of a 24% tariff for 90 days starting from August 12, 2025. There is overall caution in manufacturing for the second half of the year. From the perspective of manufacturing companies, CRYSTAL INTL's various categories are expected to welcome a customer dividend resonance period. Tianfeng Securities believes that the sustained impact of tariffs has reshaped the procurement pattern of the U.S. apparel industry, with brand clients tending to choose low-cost alternatives to alleviate the burden of high tariffs. This trend may be further exacerbated by signs of economic weakness in the U.S. The firm further stated that to respond to such market conditions, CRYSTAL INTL will prioritize seizing growth opportunities in the European and Asian markets. Vietnam is the cornerstone of the company's global production network, accounting for over 60% of total output. The company will further reserve capacity for growth, accelerate the modernization upgrade of its Vietnam factory, and build a local vertical supply chain. At the same time, the company will actively assess the feasibility of establishing new production bases in regions surrounding Europe to shorten transportation times and enhance its ability to respond to the European market