Home Appliances
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Hong Kong stock market anomaly | Haier Smarthome (06690) rose more than 8%, leading the way in home appliances stocks. Institutions believe the market is overly pessimistic about tariffs, and there is hope for a simultaneous rise in volume and price in th
Home appliances stocks rose today, as of press time, Haier Smarthome (06690) rose 7.93%, reaching HKD 24.5; Hisense Ha (00921) rose 6.7%, reaching HKD 20.6; Vesync (02148) rose 2.39%, reaching HKD 4.29; Skyworth Group (00751) rose 0.69%, reaching HKD 2.91.
The air conditioner expansion plan of 2.5 billion yuan is expected to stimulate demand according to Haier Smarthome's old-for-new policy. | Speed Reading Announcement
1. Haier Smarthome disclosed a nearly 2.5 billion yuan investment plan for air conditioner expansion yesterday evening, and expressed optimistic expectations for the household appliance market in the second half of the year. 2. In a highly anticipated research report released by Goldman Sachs earlier, the air conditioner industry was categorized as having 'excess production capacity,' while Haier Smarthome, in disclosing the expansion plan, stated that there is still significant growth potential for high-efficiency, comfortable, and smart air conditioning products.
Haier Smarthome's net profit in the first half of the year reached 10.42 billion yuan, an increase of 16.26% YoY | Financial Report News.
Haier smarthome achieved revenue of 135.623 billion yuan in the first half of the year, a year-on-year increase of 3%. The company also announced on the same day that it plans to invest 2.494 billion yuan to build 5 million sets of air conditioning projects.
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Direct impact of changes | Home appliance stocks rose the most, leading home appliance companies introduced trade-in subsidy policies
On April 30, $Home Appliance (BK1236.HK) $ had the highest increase. As of press release, $Haier Smart Home (06690.HK) $ rose 7.20% to HK$29.05; $Hisense Home Appliances (00921.HK) $ rose 6.49% to HK$32.80. Market source: According to news from Futubull Niu Niu, leading home appliance companies such as Gree, Midea, and Hisense have introduced trade-in subsidy policies one after another. According to industry analysts, if the new round of the country's trade-in policy is implemented and properly coordinated, it is estimated that it will have a driving effect of nearly 3% on the domestic home appliance market this year. But the trade-in subsidy is not
The refrigeration industry is strong, and Haier Smart Home's revenue reached a record high in 2023, and net profit increased by double digits | Financial News
Haier Smart Home's revenue in 2023 increased 7.3% year on year to 261.4 billion yuan, net profit increased 12.8% year on year to 16.6 billion yuan, and plans to distribute 7.4 billion yuan in cash dividends.
Are Hisense Home Appliances Group Co., Ltd.'s (SZSE:000921) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Express News | Haier Smart Home's revenue in the first half of the year was 121.86 billion yuan, up 9.07% from the same period last year, and the net profit in the first half was 7.95 billion yuan, up 15.89% from the same period last year.
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