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| HSI1 | 26,544.85 | -363.54 | 413.31B |
| HSCEI1 | 9,456.52 | -140.25 | 161.72B |
| Back Zoom + Zoom - Block Traded | |
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2025-09-16 10:49:10 China's air conditioner (AC) market remains attractive in several aspects: high consolidation with leaders having higher profit margins, supply-demand balance, and leaders' core earnings strategies, Goldman Sachs commented in its report. As XIAOMI-W (01810.HK)'s competition with industry leaders is related to the overall efficiency of the industry's value chain, supply chain, manufacturing, and distribution network, Goldman Sachs anticipates that it will enhance industry efficiency and potentially reduce the profit pool. Goldman Sachs also sees MIDEA GROUP (00300.HK) as the most resilient manufacturer that can leverage its global leading production advantages and continuous improvement in distribution efficiency to expand its market share. The broker has kept a Buy rating on MIDEA GROUP, HAIER SMARTHOME (06690.HK), HISENSE HA (00921.HK), and XIAOMI-W. Stocks | Investment Rating | Target Price (HKD) MIDEA GROUP (00300.HK) | Buy | 93 -> 101 HAIER SMARTHOME (06690.HK) | Buy | 31 -> 32 HISENSE HA (00921.HK) | Buy | 29 -> 28 GREE APPLIANCES (000651.SZ) | Buy -> Neutral | RMB53 -> RMB42 XIAOMI-W (01810.HK) | Buy | 65 ~ AAStocks Financial News Web Site: www.aastocks.com | |