Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Hisense Home Appliances Group Co ( (HK:0921) ) just unveiled an update.
Hisense Home Appliances Group Co., Ltd. has disclosed that between 14 and 22 January 2026 the company and several subsidiaries subscribed to Cofco Trust wealth management products with an aggregate subscription amount of RMB2.035 billion, funded entirely by the group’s idle self-owned funds. The investments, made under previously approved mandates allowing up to RMB23 billion of idle funds to be placed into short- and medium-term, medium- to low-risk products offered by financial institutions, are fixed-income, medium-low-risk trust plans investing in bank deposits, bonds and other credit assets. While each subscription is not material on a standalone basis, their aggregation crosses the 5% threshold under Hong Kong listing rules, making them discloseable transactions, and highlighting management’s continued emphasis on improving capital efficiency and enhancing returns on surplus cash without materially altering the group’s operational 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 appliances manufacturer listed in Hong Kong, with key businesses spanning air conditioning, refrigeration and related components through subsidiaries such as its air conditioning, refrigerator marketing and mould companies. The group operates in the household electrical appliances industry and actively manages its capital structure and liquidity, including the use of idle self-owned funds for short- to medium-term, medium- to low-risk financial investments to enhance returns on cash assets.
Average Trading Volume: 1,451,367
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$36.97B
See more data about 0921 stock on TipRanks’ Stock Analysis page.