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DBS: Haier Smart Home Co Ltd – H: Buy Target Price HK$38.59; A: Buy Target Price Rmb34.15

Posted on September 16, 2022September 16, 2022 By alanyeo No Comments on DBS: Haier Smart Home Co Ltd – H: Buy Target Price HK$38.59; A: Buy Target Price Rmb34.15
Strong gets stronger
  • More dedicated investments in the air conditioner segment brings substantial market share expansion
  • Washing machine & refrigerator divisions stand strong
  • Premiumisation, scenario-based strategies, successful overseas plans and cost efficiency enhancement continue to bring positive results. Maintain BUY
Haier-Smart-Home_16-Sep-2022_HK_CUClick here to Download Full Report in PDF

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Research - Equities Tags:Haier Smart Home

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Jiangsu Government backed consortium comprising of TCL Technology Group Corporation (SZSE:000100), Xiaomi Corporation (SEHK:1810), Midea Group Co., Ltd. (SZSE:000333), Haier Smart Home Co., Ltd. (SHSE:600690), and Alimama agreed to acquired 17% stake in Suning.com Co., Ltd. (SZSE:002024) from Suning Electrical Appliance Group Corporation, Suning Holdings Group Co., Ltd. and Zhang Jindong for CNY 8.7 billion. News

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  • Earnings Updates/ Corporate Actions
  • My Opinions/ Views
  • News
  • Others
  • Research – Equities
  • Research – Fixed Income/ Bonds
  • Research – Unit Trusts/ ETF

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