Changes in Hong Kong stocks | Haier Smart Home (06690) rose more than 5% in early trading, net profit for the first three quarters was nearly 15 billion yuan, and the company's share side continued to expand

The Zhitong Finance App learned that Haier Smart Home (06690) rose more than 5% in early trading. As of press release, it rose 5.17% to HK$19.92, with a turnover of HK$335 million.

According to the news, Haier Smart Home announced results. In the first three quarters, it achieved total operating revenue of 221,819 billion yuan and net profit of 14.999 billion yuan to mother. Guojin Securities released a research report saying that according to Aowei Cloud Network data, domestic retail sales of home appliances fell 10% year on year in the third quarter, and demand was under heavy pressure. However, the company's share side continued to expand. The 26Q1-Q3 company's share of online and offline retail sales reached 20.6% and 25.0%, up 2.9 pct and 1.7 pct year-on-year.

It is worth noting that on October 27, Haier Smart Home signed a strategic cooperation agreement with the Academy of Information and Communications Technology. The two sides will use “AI to empower entities and feed back scenarios” as the core main line, give full play to their respective advantages in technology, industry, ecology, and market, and carry out joint research on core technologies, in-depth co-creation of industry scenarios, two-way supply chain empowerment, and collaborative construction of industry standards.