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Kantar BrandZ 2024 Rankings: Haier Leads for the Sixth Consecutive Year as Premier IoT Ecosystem Brand
QINGDAO, China, June 12, 2024 /PRNewswire/ -- Haier, the number one brand in the household appliances sector, has once again distinguished itself as the only Internet of Things (IoT) ecosystem brand
[Brokerage Focus] CMB International pointed out that the consumption trend during the Dragon Boat Festival holiday was slightly weaker than expected. The home appliance and outfits industries performed exceptionally well.
Jingu Caixun | Zhongyin International stated that overall the bank believes that the consumption trend during this year's Dragon Boat Festival holiday is slightly weaker than expected, despite the outstanding performance of industries such as household appliances and outfits. During the Dragon Boat Festival holiday, the number of tourists and the amount of support increased by about 6%/8% compared to the same period last year, slowing down from 8%/13% during the May Day Golden Week holiday. The bank estimates that the recovery rate (compared to 2019) may also have weakened. In addition, considering that airfare prices/hotel RevPAR and movie box office have all declined, the bank believes that per capita purchasing power still faces pressure. The bank believes the reasons are as follows: the high base of last year still exists, and the macro environment still needs improvement (additions.
Haier Smart Home (SHSE:600690) Seems To Use Debt Rather Sparingly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Hang Seng Index Likely to Consolidate Between 18500-20000 Near Term
0642 GMT - Hong Kong's Hang Seng Index is likely to consolidate between 18500 and 20000 in the near term, according to CCB International analysts Cliff Zhao and Wilson Zou in a research note. They say
Citigroup: Maintains buy rating for Haier Smart Home (06690), target price increased to HKD 39.7.
Citigroup released a research report stating that it updated its model based on the first quarter performance of Haier Smart Home (06690). Although it basically kept the group's net profit forecast for 2024 unchanged, it raised the net profit forecast for 2025 by 3% with the assumed increase in operating profit margin. It extended the valuation to 2024 and assumed a 17x P/E ratio, raising the target price of Haier Smart Home H shares by 20%, from HKD 33.12 to HKD 39.7. It maintains a preferred rating on mainland home appliance stocks and a "buy" rating on H shares.
Haier Europe Adopts Orange Business Evolution Platform to Build a Scalable, Secure, and Responsive Infrastructure to Support Its Growth
Cloud-first platform enhances security, visibility and agility Haier's technology investment focuses on enhanced business performance PARIS--(BUSINESS WIRE)--Haier Europe, part of Haier Smart Home –
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