It may seem strange that a company run and owned by a German engineer and a Hong Kong Chinese should symbolise one of the most phenomenal trends driving the world economy.
And yet medium-sized enterprise, Techtronic is a microcosm of a manufacturing and branding revolution that has the China story at its core. And with a stock price that started the year at HK$3 and ended it at over HK$7, investors obviously agree - indeed, it ranks as one of the few stocks in Hong Kong to double in what is agreed by all to have been a very trying year.
When you look at the annual report and the graphs of the...