Guolian Minsheng Securities: The national subsidies for home appliances are expected to continuously and steadily release demand throughout the year, maintaining an "outperform the market" rating for the Industry.
The calculations indicate that since May, the usage speed of subsidy funds has significantly accelerated, and by the end of May, it is estimated that the home appliance category has accumulated approximately 50 billion in subsidy funds, reflecting a progress that is clearly faster than initial expectations.
Repurchase collection on June 24 | TENCENT, AIA and others have repurchased, among which TENCENT spent 0.501 billion HKD.
According to documents disclosed by HKEX on June 25, TENCENT (00700.HK) and AIA (01299.HK) have repurchased shares. ① TENCENT (00700.HK) repurchased 0.985 million shares of common stock on June 24, involving an amount of 0.501 billion HKD, with a repurchase price ranging from 510 HKD to 505.5 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities amounts to 26.528 million shares, accounting for 0.289% of the number of shares issued at the time of the ordinary resolution's approval. ② AIA (01299.HK)
The Index's significant increase has sparked enthusiasm for short-term buying, with hotspots like Solid State Battery and Robotics expected to continue a positive rotation.
Track the entire lifecycle of the main Sector.
On June 24, Midea Group Co., Ltd (00300) spent approximately 47.9883 million yuan to repurchase 0.65742 million shares of A shares.
Midea Group Co., Ltd (00300) announced that on June 24, 2025, approximately 47.9883 million yuan will be spent to repurchase 65....
Hong Kong stocks move丨Home Appliances stocks rise broadly, Midea Group Co., Ltd and TCL ELECTRONICS both increase by over 2%.
On June 24th, Gelonghui reported that Hong Kong stocks in the Home Appliances sector generally rose, with JS Global Living, TCL ELECTRONICS, Midea Group Co., Ltd, and HAIER SMARTHOME all increasing by more than 2%. According to the news, Tmall announced yesterday that the total transaction amount for categories participating in the national subsidy during "618" grew by 116% compared to last year's Double 11, driving double-digit year-on-year growth in overall transactions in the Home Appliances, home decoration, and 3C digital sectors; Xiaomi's total payment amount across all channels during "618" surpassed 35.5 billion yuan, setting a new record for annual promotional events; Kuaishou E-commerce's "618" data indicates that the number of businesses receiving national subsidies with GMV growth exceeding 50% reached 132, including smartphones, Air Conditioners, refrigerators, washing machines.
June 23 buyback collection | TENCENT, AIA, and others have all conducted buybacks, with TENCENT spending 0.501 billion Hong Kong dollars.
According to the documents disclosed by HKEX on June 24, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.001 million ordinary shares on June 23, involving an amount of 0.501 billion HKD, with the repurchase price ranging from 504 HKD to 495.2 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 25.543 million shares, accounting for 0.278% of the total issued shares at the time of the ordinary resolution's approval. ② AIA (01299.HK)
On June 23, Midea Group Co., Ltd (00300) spent approximately 84.7985 million yuan to repurchase about 1.182 million A shares.
Midea Group Co., Ltd (00300) announced that on June 23, 2025, it will spend approximately 84.7985 million yuan to repurchase about 11...
Express News | According to information from HKEX, HSBC Holdings' shareholding ratio in Midea Group Co., Ltd decreased from 5.07% to 4.46% on June 17.
70% of the quantity is only 20% of the work? Midea Medical uses a "solution combination" to help social medical institutions break through the predicament.
From June 20 to 22, the "9th China Medical and Health Industry Development and Investment Annual Conference" was held in Zhuhai, Guangdong. Focusing on the theme of "Breaking through and Restructuring under the Dilemmas of Social Medical Development," Midea Wandong showcased its one-stop integrated solutions and orthopedic solutions, providing a full chain of support for social medical institutions with its smart diagnosis and treatment system that integrates "equipment + technology + scenarios." Dilemma: Using the power of ecology to respond to environmental changes. Relevant Statistics indicate that the number of private hospitals in the country has risen to nearly 70%, yet they only account for about 20% of outpatient visits. Collaboration in the development of social medical disciplines nationwide.
On June 20, a buyback event took place where TENCENT, HSBC Holdings, and others repurchased shares, with TENCENT spending 0.5 billion HKD.
According to a document disclosed by HKEX on June 23, TENCENT (00700.HK) and HSBC Holdings (00005.HK) have repurchased shares. ① TENCENT (00700.HK) repurchased 0.997 million ordinary shares on June 20, involving an amount of 0.5 billion HKD, with a repurchase price ranging from 504.5 HKD to 496.2 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities has reached 24.542 million shares, accounting for 0.267% of the total shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) on
Breaking news! Giants are strongly bullish.
China's "Top Ten Giants".
On June 20, Midea Group Co., Ltd (00300.HK) spent 57.5967 million yuan to repurchase 0.8 million A shares.
Gelonghui reported on June 20 that Midea Group Co., Ltd (00300.HK) announced that on June 20, 2025, it spent 57.5967 million RMB to repurchase 0.8 million A-shares, with a repurchase price of 71.54-72.31 RMB per share.
Express News | Hong Kong Stock Exchange: On June 16, HSBC's long position ratio on Midea Group Co., Ltd (0300.HK) H shares increased from 4.47% to 5.07%.
Repurchase summary for June 19 | TENCENT, HSBC Holdings and others have repurchased, among which TENCENT spent 0.5 billion HKD.
According to the documents disclosed by HKEX on June 20, TENCENT (00700.HK) and HSBC Holdings (00005.HK) repurchased shares. ① TENCENT (00700.HK) repurchased 1.002 million shares of common stock on June 19, involving an amount of 0.5 billion HKD, with the repurchase price ranging from 506 HKD to 496.2 HKD per share. Since the repurchase authorization resolution, the total number of securities repurchased has reached 23.545 million shares, accounting for 0.256% of the total number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) repurchased shares on June 6.
Midea Group Co., Ltd (00300.HK) repurchased 1.396 million A-shares on June 19 at a cost of 99.95 million yuan.
On June 19, Glonghui reported that Midea Group Co., Ltd. (00300.HK) announced the repurchase of 1.396 million A-shares at a cost of 99.95 million yuan on June 19, 2025, with a purchase price per share ranging from 71.2 to 71.84 yuan.
Express News | Hong Kong Stock Exchange: On June 13, HSBC's short position in Midea Group Co., Ltd's H shares decreased from 1.39% to 0.35%.
Midea Group Co., Ltd (000333.SZ/00300.HK) was selected as one of Goldman Sachs' "Ten Giants" Stocks in China, and the increased buyback demonstrates confidence in long-term development.
In recent days, the concept of the "Ten Giants" stocks in China suddenly gained popularity. Everyone knows about the so-called "Seven Sisters" in the U.S. stock market, and now China's Capital Markets also have the "Ten Private Giants". From past experience, when such prominently labeled concepts frequently appear in the market, they often signal the start of a bull market. Currently, embracing core Assets and laying out a good strategy along the main line of "globalization capability, technological barriers, and cash flow advantages" is not a bad approach. This time, it is noted that Midea Group Co., Ltd (000333.SZ/00300.HK) is also among the "Ten Giants", so it is worth exploring the mentioned three aspects.
Alibaba (09988.HK): This year's 618 shopping festival performed strongly, with 453 brands' transaction amounts exceeding 100 million yuan.
Alibaba-W (09988.HK) (BABA.US) stated that its China business unit, Taotian Group, performed strongly overall during this year's Taobao Tmall 618 shopping festival, with 453 brands achieving sales exceeding 100 million yuan (the same below). This year's Tmall 618 saw a record-high user base, with the number of buyers growing double digits year-on-year. The Taobao Hong Kong site also welcomed the highest number of participating users ever, with new users more than doubling compared to the same period last year. Alibaba noted that as of June 18, highlights of the event included 453 brands achieving sales exceeding 100 million yuan, among them Apple (AAPL.US) and Midea (00300).
The Hang Seng Index Company and Shenzhen Securities Information jointly launched the Greater Bay Area Consumption Index.
The Hang Seng Index Company and Shenzhen Securities Information jointly launched the Greater Bay Area Consumption Index, with the newly introduced National Index Hang Seng Greater Bay Area Consumption Index (SZHKCON) tracking the overall performance of companies in the Greater Bay Area related to consumer goods manufacturing and services. The index includes eligible A-shares traded on the Shenzhen Stock Exchange and securities listed on HKEX under the Stock Connect scheme. The index is weighted by free-float market cap, with a maximum weight limit of 10% for constituent companies. There are fixed 50 constituent companies, reviewed every six months, and adjustments in weight are made quarterly. The top ten constituent stocks are: Gree Electric Appliances, Inc. of Zhuhai (000651.SZ) and Midea Group Co., Ltd.
Official media: The "national subsidy" will continue, with 138 billion yuan of central funds to be distributed in batches.
According to reports from state media, during the '618' period, online and offline promotional activities continued for several days, and consumers remained enthusiastic about trading in old for new. However, there have also been discussions on Social Media about certain regions temporarily being unable to apply for 'national subsidies.' In response to relevant hot Topics, according to information from the relevant ministries, in January and April of this year, two batches of a total of 162 billion yuan in central funds have been issued to support local efforts in facilitating the trading in of old consumer goods for new ones in the first and second quarters. An additional 138 billion yuan in central funds will be issued in batches during the third and fourth quarters, while local governments will also arrange sufficient local funding accordingly.