tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hisense Home Appliances Deploys RMB1.892 Billion in Jingu Trust Wealth Products

Story Highlights
  • Hisense Home Appliances units invested RMB1.892 billion of idle funds in Jingu Trust fixed-income, medium-low risk wealth management products.
  • Aggregated subscriptions triggered discloseable transaction status, reflecting the group’s strategy to enhance cash returns through lower-risk short- and medium-term investments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hisense Home Appliances Deploys RMB1.892 Billion in Jingu Trust Wealth Products

Claim 50% Off TipRanks Premium and Invest with Confidence

Hisense Home Appliances Group Co ( (HK:0921) ) has provided an announcement.

Hisense Home Appliances Group Co., Ltd. has disclosed that several of its subsidiaries, including its air-conditioner and refrigerator marketing units, (Beijing) Electric Company and Gorenje Company, subscribed to Jingu Trust wealth management products between 14 October 2025 and 19 December 2025, committing an aggregate RMB1.892 billion of idle funds to fixed-income, medium‑low risk trust plans invested in deposits, bonds and other debt assets. While each subscription is individually below disclosure thresholds, their aggregation triggers discloseable transaction requirements under Hong Kong Listing Rules, underscoring the group’s continued strategy of using surplus cash for short- and medium-term, lower-risk investments to enhance returns on cash assets without affecting its core operations.

The most recent analyst rating on (HK:0921) stock is a Buy with a HK$30.00 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 whose main businesses include the production and marketing of air conditioners, refrigerators and related electrical products, serving both domestic and international markets.

Average Trading Volume: 2,102,455

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$37.74B

For an in-depth examination of 0921 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1