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HAIER SMARTHOME Once Leaps 3%+ as UBS Likes White Goods
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UBS released a research report becoming more bullish on white goods since China announced the “real money” trade-in program on 25 July. The results of the ongoing trade-in subsidy program have been better than UBS' expectations. UBS saw Haier, HISENSE HA (00921.HK), GREE APPLIANCES(000651.SZ) and ROBAM APPLIANCES(002508.SZ) as the key beneficiaries under the subsidy program. HAIER SMARTHOME (06690.HK) showed a rectangular range of up and down in recent months, and once leaped over 3% to a high of $23.6 this morning (11th). The stock closed at $23.45 in the morning session, ascending 2.63%, with 6.4758 million shares traded, involving $150 million. AAStocks Financial News |
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