Hisense Home Appliances Group Co’s stock price drops by 2.46% in a single trading session. The decline follows broader market movements affecting Chinese appliance manufacturers. The company specializes in home appliances including refrigerators, air conditioners, and washing machines.
Nov 2026Global Banking & Finance ReviewNews article
Hisense Home Appliances Group Co (000921.SZ) experiences a **3.44% drop** in stock value on Monday. The decline reflects market movements affecting the company’s listed shares. No specific corporate developments or financial reports are cited in the brief update.
Nov 2026Global Banking & Finance ReviewNews article
Hisense reports an **8.8% revenue decline** in Q3, marking a sharper drop than the **5.2% contraction** seen in the first half of 2023. The Chinese appliance manufacturer cites economic slowdowns as a key factor affecting demand for its air conditioners and refrigerators.
Hisense Home Appliances reports a 5.22% year-on-year drop in first-half revenue to 46.77 billion yuan ($6.9 billion) and a 20.16% decline in net profit to 1.66 billion yuan ($246.2 million). The company’s non-GAAP net profit also fell by 19.7% to 1.33 billion yuan ($197.8 million), marking its first revenue and profit decline in a decade. Market attention focuses on the company’s air-conditioning sector amid the downturn.
