Market Movements | Home Appliances stocks rise against the trend, TCL up over 7%, HISENSE HA up nearly 6%, the trade-in program stimulates appliance sales, and the retail sales of home appliances in January-February show double-digit growth.
According to the latest data from the Ministry of Commerce, as of now, a total of 20.208 million Consumers have purchased 27.572 million units of 12 major categories of home appliances, driving sales of 93.08 billion yuan.
Is there any home appliance without Asia Vets? The AWE Asia Vets series of home appliances has a crowded market, and content e-commerce unexpectedly benefits.
The AWE2025 exhibition themed "AI Technology, AI Life" attracts over 1,200 companies to participate, with an expected visitor count exceeding 0.4 million. Real-time interaction of household appliances, precise understanding, and response to commands have become selling points, transforming the sales model of appliance sets, with AI-enabled appliances receiving significant attention.
HAIER SMART HOME CO LTD UNSPON ADR EACH REP 4 ORD SHS (HSHCY.US) will release its Earnings Reports on March 27.
$HAIER SMART HOME CO LTD UNSPON ADR EACH REP 4 ORD SHS(HSHCY.US)$ will release its Earnings Reports on March 27, investors are advised to pay attention. How was the previous performance? $HAIER SMART HOME CO LTD UNSPON ADR EACH REP 4 ORD SHS(HSHCY.US)$ 2024 Q3 revenue was 67.349 billion yuan, Net income was 4.829 billion yuan, and EPS was 2.04 yuan. 20
HAIER SMARTHOME is racing ahead in the AI track.
Gradually achieving "unmanned household chores."
Haier Smart Home's (SHSE:600690) Returns Have Hit A Wall
[Brokerage Focus] Morgan Stanley expects that ahead of the earnings season, investors will refocus on White Appliances.
Jinwu Financial News | Morgan Stanley published a report stating that the firm conducted a promotional tour in China from March 10 to 14 in Shanghai, Peking, Guangzhou, and Shenzhen. The main conclusions are as follows: (1) Mainland investors are becoming more optimistic due to signs of a consumer recovery, such as second-hand housing sales in first-tier cities performing better than expected and prices remaining stable, as well as attractive valuations in certain sub-industries; (2) "New consumption" is more favored by investors, including IP retail, jewelry, and freshly made beverages, which receive stronger attention compared to "old consumption" (such as home appliances, Furniture, and sportswear); (3) Positioning: Various types of investors are interested in recently listed.
[Brokerage Focus] Jianyin International expects that leading domestic Consumer companies will benefit from Bullish policies and consumption trends.
Jinwu Financial News | Jianyin International Research Reports indicate that the "Special Action Plan to Boost Consumer Spending" proposes eight specific actions to support consumption, including raising the minimum wage, improving the operating environment, and strengthening policy support. The bank believes that promoting consumer growth is one of the key national tasks for 2025, and this action plan provides a clear direction for the Consumer Industry. By creating a favorable business environment and enhancing consumer confidence, various types of consumption are expected to be promoted. It is anticipated that this round of policies can successfully restore market confidence, which is Bullish for domestic Consumer Stocks. The bank pointed out that retail sales growth in January and February 2025 exceeded expectations.
Can the AI boom driven by Baidu's open-source large models and Tencent's chip purchases in the Hong Kong stock market continue?
① How does Baidu's strategy of freely opening up and planning to open source large models affect its long-term competitiveness in cloud business and ad monetization? ② Tencent's increased procurement of H20 chips to support the implementation of large models, does it mean that the domestic computing power infrastructure still highly relies on overseas supply chains?
How to grasp the main line in a volatile market? Technology and Consumer dual-driven may be key.
Yesterday, the market fluctuated throughout the day, with a single-day transaction volume shrinking by over 200 billion. After experiencing last Friday's significant rise in volume, the Index's decline in volume and retracement is also reasonable, and the subsequent view will still lean towards a fluctuating upward structure.
Zhitong Decision Reference | Changes may occur in Consumer level logic. This week, key Earnings Reports are coming in thick and fast.
Against the backdrop of continuous breakdowns in the U.S. stock market, the Hong Kong stock market has withstood the pressure, and the Hang Seng Index maintains its upward trend.
The market rebound has opened a new pattern, with Consumer finance taking turns to make efforts, and Technology stocks may face a restorative opportunity.
Last Friday, the market saw a significant rebound in trading volume, with the Shanghai Composite Index climbing back above 3400 points. After experiencing violent fluctuations in the middle of last week, the market again showed signs of breaking upwards. Although this does not mean that a new round of index-driven market movements will immediately begin, it fundamentally alleviates the concerns over the previous breakdowns, and the subsequent view should still be focused on a structure of oscillation upwards.
HAIER SMARTHOME (600690.SH): The newly released HAIER SMARTHOME Smart Wind Air Conditioner is HAIER's first DeepSeek voice Air Conditioner.
On March 14, Gelonghui reported that HAIER SMARTHOME (600690.SH) stated on the interaction platform that the San Wing Bird has developed deep integration with DeepSeek, relying on several cutting-edge technologies from DeepSeek. It has undergone a comprehensive upgrade to provide users with a smarter, more convenient, and safer home experience. The company's latest release, the HAIER Smart Wind Air Conditioner, is HAIER's first DeepSeek voice air conditioner, truly achieving customized air quality.
HAIER SMARTHOME (06690.HK) will hold a Board of Directors meeting on March 27 to approve the annual performance.
Gelonghui, March 13丨HAIER SMARTHOME (06690.HK) announced that the Board of Directors will hold a meeting on March 27, 2025, to consider and approve the group's annual performance for the year ending December 31, 2024, and its release, as well as to consider the distribution of a final dividend, if any.
HAIER SMARTHOME: DATE OF BOARD MEETING
East Asian Securities: The valuation of Hong Kong Technology stocks still has room for revaluation, raising the Target Price for the Hang Seng Index to 26,000 points.
According to Zhitong Finance APP, Hong Kong stocks have recently significantly outperformed A-shares. Regarding the large gap in the performance of the two, Chan Wai Chung, senior investment strategist at East Asia Securities, pointed out that Hong Kong stocks have a higher weight in Technology stocks, while A-shares are not dominated by Technology stocks, making Hong Kong stocks more beneficial when speculating on the AI Concept.
Chinese Technology stocks are "siphoning" foreign capital from Emerging Markets, with AI narratives driving Global capital reallocation.
① How does the "siphoning" of foreign capital by China's Technology stocks have a profound impact on the market? ② Driven by AI narratives, how much space is there for foreign capital to flow back into China's Assets amid global capital reallocation?
Has the "singularity" of AI in China arrived in 2025? JPMorgan: An application explosion is imminent, DeepSeek ignites demand for computing power, and Alibaba may become the biggest winner.
JPMorgan believes that the development of GAI in China is currently at the beginning of the second stage. Alibaba is a key player in the IaaS value chain, expected to outperform peers in the second stage of GAI development, and has the potential to become a beneficiary in the third stage of applications. Additionally, Kuaishou may be underestimated, while Baidu acts as both a "shovel seller" and a "gold digger."
Amidst the divergence in technology stocks, new catalysts are emerging, and the logic of price increases in cyclical stocks may gradually attract market attention.
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The Mag 7 Stocks Are No Longer Magnificent. Where the Charts Say They Go Next. -- Barrons.com
"The trend of 'the East rises while the West declines' accelerates, China’s Magnificent 7 surpasses the American stock market's 'seven giants'."
This year, China’s Technology giants launched a frenzy with a surge of 439 billion USD in Market Cap, leaving their once-unrivaled USA counterparts far behind.