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Hisense Home Appliances Invests RMB1.86 Billion of Idle Funds in Cofco Trust Products

Story Highlights
  • Hisense Home Appliances’ subsidiaries invested RMB1.855 billion of idle funds in Cofco Trust wealth products.
  • The medium- to low-risk fixed-income products qualify as discloseable transactions, aligning with Hisense’s capital efficiency strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hisense Home Appliances Invests RMB1.86 Billion of Idle Funds in Cofco Trust Products

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

Hisense Home Appliances Group Co., Ltd. has disclosed that between 16 July 2025 and 6 January 2026 its subsidiaries Gorenje Company, Kelon Mould Company and Refrigerator Marketing Company subscribed to Cofco Trust wealth management products with an aggregate principal amount of RMB1.855 billion, funded entirely from idle internal funds. The fixed-income, medium- to low-risk products invest in bank deposits, bonds and other credit assets, and, when aggregated, the transactions meet the threshold for discloseable transactions under Hong Kong listing rules, underscoring the group’s ongoing strategy of using short- to medium-term financial instruments to improve capital efficiency and generate additional returns on cash without materially altering its operating profile.

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 appliances manufacturer whose core business spans household electrical products and related components, serving both domestic and international markets. Through subsidiaries such as Gorenje Company, Kelon Mould Company and Refrigerator Marketing Company, the group is also active in managing its liquidity via financial institutions to enhance returns on idle cash while maintaining a medium- to low-risk profile.

Average Trading Volume: 1,582,926

Technical Sentiment Signal: Buy

Current Market Cap: HK$36.42B

See more insights into 0921 stock on TipRanks’ Stock Analysis page.

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