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<Research>CLSA Lifts HAIER SMARTHOME (06690.HK) TP to $32, Expects Domestic Mkt Rev. Growth to Slow This Yr
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As the impact of the home appliance trade-in policy continues to diminish, HAIER SMARTHOME (06690.HK) is expected to see its revenue growth in China slow to low single digits in 2026, CLSA published a research report saying.

However, the broker remained confident in HAIER SMARTHOME's domestic market gross margin expansion, as the Company continued to streamline product models and enhance channel efficiency.

Considering strong support from the recovery in overseas demand, CLSA lifted its target prices for HAIER SMARTHOME's A-/ H-shares from RMB32/ $30 to RMB34/ $32, with ratings kept at Outperform.
AASTOCKS Financial News
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