Qingdao Haier vs Midea: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Qingdao Haier Co Ltd (600690.CG)

Q3 202623 Jul – 8 Oct 2026

▲2▼1

Smart home market growth supports demand China's smart small home appliance market grew 62% in five years to 228.5 billion yuan, with local brands like Haier gaining share. This expanding market supports Haier's future sales and profit potential, pushing the stock up.
Shows a long-term demand tailwind for Haier's core business.
First-half profit drops 14% on weak demand Haier's H1 2026 revenue fell 2.8% and net profit dropped 14.27% year-on-year, hit by weak home appliance demand and foreign exchange losses. This weak earnings result weighs on the stock price.
Directly explains the main negative force on the stock this period.
Large buybacks and share cancellations boost stock Haier has repurchased 108 million shares for 2.27 billion yuan and confirmed cancellation of 79.39 million D-shares. These actions reduce share count and return capital to shareholders, supporting the stock price.
Highlights a major capital-return action that supports the stock.

August 202623 Jul – 8 Oct 2026

▲2▼1

Smart home market growth supports demand China's smart small home appliance market grew 62% in five years to 228.5 billion yuan, with local brands like Haier gaining share. This expanding market supports Haier's future sales and profit potential, pushing the stock up.
Shows a long-term demand tailwind for Haier's core business.
First-half profit drops 14% on weak demand Haier's H1 2026 revenue fell 2.8% and net profit dropped 14.27% year-on-year, hit by weak home appliance demand and foreign exchange losses. This weak earnings result weighs on the stock price.
Directly explains the main negative force on the stock this period.
Large buybacks and share cancellations boost stock Haier has repurchased 108 million shares for 2.27 billion yuan and confirmed cancellation of 79.39 million D-shares. These actions reduce share count and return capital to shareholders, supporting the stock price.
Highlights a major capital-return action that supports the stock.

Latest23 Jul – 8 Oct 2026

▲2▼1

Smart home market growth supports demand China's smart small home appliance market grew 62% in five years to 228.5 billion yuan, with local brands like Haier gaining share. This expanding market supports Haier's future sales and profit potential, pushing the stock up.
Shows a long-term demand tailwind for Haier's core business.
First-half profit drops 14% on weak demand Haier's H1 2026 revenue fell 2.8% and net profit dropped 14.27% year-on-year, hit by weak home appliance demand and foreign exchange losses. This weak earnings result weighs on the stock price.
Directly explains the main negative force on the stock this period.
Large buybacks and share cancellations boost stock Haier has repurchased 108 million shares for 2.27 billion yuan and confirmed cancellation of 79.39 million D-shares. These actions reduce share count and return capital to shareholders, supporting the stock price.
Highlights a major capital-return action that supports the stock.

Q3 202619 Jul – 8 Oct 2026

▲3

Midea adds 200,000 European air conditioning orders Midea's air conditioning dual bases added 200,000 units in European orders within one month. More orders mean higher sales and profit, which supports the stock price.
This is a new operational win that directly boosts revenue and earnings.
Midea to fully subscribe Hiconics private placement Midea will fully subscribe Hiconics' private placement of up to 1.652 billion yuan, strengthening its controlling stake. This shows commitment to its smart energy strategy and can lift Midea's stock.
This is a new capital action that reinforces Midea's strategic position.
Midea repurchased nearly 10 billion yuan and will cancel all shares Midea repurchased 123 million A-shares for 9.94 billion yuan and will cancel them, reducing share count. Fewer shares can raise earnings per share and signal confidence, supporting the stock price.
This is a new, large buyback with cancellation that directly affects share count and investor confidence.

August 202619 Jul – 8 Oct 2026

▲3

Midea adds 200,000 European air conditioning orders Midea's air conditioning dual bases added 200,000 units in European orders within one month. More orders mean higher sales and profit, which supports the stock price.
This is a new operational win that directly boosts revenue and earnings.
Midea to fully subscribe Hiconics private placement Midea will fully subscribe Hiconics' private placement of up to 1.652 billion yuan, strengthening its controlling stake. This shows commitment to its smart energy strategy and can lift Midea's stock.
This is a new capital action that reinforces Midea's strategic position.
Midea repurchased nearly 10 billion yuan and will cancel all shares Midea repurchased 123 million A-shares for 9.94 billion yuan and will cancel them, reducing share count. Fewer shares can raise earnings per share and signal confidence, supporting the stock price.
This is a new, large buyback with cancellation that directly affects share count and investor confidence.

Latest19 Jul – 8 Oct 2026

▲3

Midea adds 200,000 European air conditioning orders Midea's air conditioning dual bases added 200,000 units in European orders within one month. More orders mean higher sales and profit, which supports the stock price.
This is a new operational win that directly boosts revenue and earnings.
Midea to fully subscribe Hiconics private placement Midea will fully subscribe Hiconics' private placement of up to 1.652 billion yuan, strengthening its controlling stake. This shows commitment to its smart energy strategy and can lift Midea's stock.
This is a new capital action that reinforces Midea's strategic position.
Midea repurchased nearly 10 billion yuan and will cancel all shares Midea repurchased 123 million A-shares for 9.94 billion yuan and will cancel them, reducing share count. Fewer shares can raise earnings per share and signal confidence, supporting the stock price.
This is a new, large buyback with cancellation that directly affects share count and investor confidence.