---
title: "Understanding the Market | Trump Tariff Disturbances Resurface, Techtronic Industries Falls Over 3%, Shenzhou International Drops Nearly 2%"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/260840134.md"
description: "Export stocks generally softened. As of the time of publication, Techtronic Industries fell 3.64% to HKD 91.3; Haier Smart Home fell 3.38% to HKD 24.56; Shenzhou International fell 1.71% to HKD 63.15; and QuanFeng Holdings fell 1.04% to HKD 20.84. In terms of news, on October 10, Trump stated on social media that the U.S. would impose an additional 100% tariff on Chinese goods starting November 1, and implement export controls on key software. Citigroup's report pointed out that the duration of this policy is uncertain, but related stocks may experience volatility during this period. However, the degree of this volatility should be lower than during the period of retaliatory tariffs implemented by the U.S. in the second quarter of 2025, as the new tariffs only apply to manufacturers exporting directly from China to the U.S. The report indicated that among Chinese exporters, Citigroup's stock preference order is Techtronic Industries > Shenzhou > JiuXing, considering the Federal Reserve's interest rate cut cycle and the extremely low proportion of Chinese imports in their U.S. sales"
datetime: "2025-10-13T06:28:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260840134.md)
  - [en](https://longbridge.com/en/news/260840134.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260840134.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/260840134.md) | [繁體中文](https://longbridge.com/zh-HK/news/260840134.md)


# Understanding the Market | Trump Tariff Disturbances Resurface, Techtronic Industries Falls Over 3%, Shenzhou International Drops Nearly 2%

According to the Zhitong Finance APP, export stocks generally softened. As of the time of publication, Techtronic Industries (00669) fell 3.64% to HKD 91.3; Haier Smart Home (06690) fell 3.38% to HKD 24.56; Shenzhou International (02313) fell 1.71% to HKD 63.15; and QuanFeng Holdings (02285) fell 1.04% to HKD 20.84.

On the news front, on October 10, Trump stated on social media that the U.S. will impose an additional 100% tariff on Chinese goods starting November 1, and will implement export controls on key software. A Citigroup report pointed out that the duration of this policy is uncertain, but related stocks may experience volatility during this period. However, the degree of this volatility is expected to be lower than during the period of retaliatory tariffs implemented by the U.S. in the second quarter of 2025, as the new tariffs only apply to manufacturers exporting directly from China to the U.S. The report indicated that among Chinese exporters, Citigroup's stock preference order is Techtronic Industries \> Shenzhou \> Jiuxing, considering the Federal Reserve's interest rate cut cycle and the extremely low proportion of Chinese imports in their U.S. sales

### 相关股票

- [Shenzhou International (SHZHY.US)](https://longbridge.com/zh-CN/quote/SHZHY.US.md)
- [SHENZHOU INTL (02313.HK)](https://longbridge.com/zh-CN/quote/02313.HK.md)
- [Techtronic Industries (TTNDY.US)](https://longbridge.com/zh-CN/quote/TTNDY.US.md)
- [TECHTRONIC IND (00669.HK)](https://longbridge.com/zh-CN/quote/00669.HK.md)

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