Hisense Home Appliances Deploys RMB1.8 Billion of Idle Cash into Huaneng Trust Wealth Products

The latest update is out from Hisense Home Appliances Group Co ( (HK:0921) ).

Hisense Home Appliances Group Co., Ltd. has disclosed that from 16 July 2025 to 20 January 2026 its air-conditioner and refrigerator marketing subsidiaries subscribed to Huaneng Trust wealth management products with an aggregate principal amount of RMB1.815 billion, funded entirely from idle internal cash. The products, classified as relatively low-risk fixed-income trust plans investing in bank deposits, interbank certificates of deposit, bonds and other credit assets, form part of a broader board-approved programme allowing up to RMB23 billion of surplus funds to be deployed into short- and medium-term, low- and medium-risk investments, and the aggregate scale of these subscriptions triggers Hong Kong listing rule reporting and announcement requirements, underlining the company’s ongoing effort to improve capital efficiency and enhance returns on its cash holdings without materially altering its risk profile.

The most recent analyst rating on (HK:0921) stock is a Buy with a HK$26.00 price target. To see the full list of analyst forecasts on Hisense Home Appliances Group Co stock, see the HK:0921 Stock Forecast page.

More about Hisense Home Appliances Group Co

Hisense Home Appliances Group Co., Ltd. is a PRC-incorporated home appliance manufacturer listed in Hong Kong, with core businesses spanning air-conditioner and refrigerator products marketed through dedicated subsidiaries. The group focuses on leveraging its capital base to enhance returns while maintaining relatively low risk in its financial management, including the use of short- to medium-term wealth management products offered by financial institutions.

Average Trading Volume: 1,473,487

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$36.41B

See more data about 0921 stock on TipRanks’ Stock Analysis page.