Haier, CNE1000048K8

Haier stock trades at HKD 20.08 as buyback reaches 4.55 million shares

Published on 10/04/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Haier stock faced a 2.8 percent first-half revenue decline reported on August 27, 2026. Second-quarter revenue rose 1.36 percent year over year, while gross margin reached 29.00 percent.

Haier, CNE1000048K8, Illustration mit AI erstellt.
Haier, CNE1000048K8, Illustration mit AI erstellt.

Haier Smart Home stock (ISIN CNE1000048K8) was last at HKD 20.08 on the Hong Kong Stock Exchange on October 2, 2026, down 0.79 percent from the previous session. The immediate company catalyst is a buyback that reached 4.55 million H-shares through September 30, according to Futubull.

Buyback reaches 4.55 million shares

The repurchased H-shares represented 0.049 percent of total share capital by September 30, 2026. The highest purchase price was HKD 21.20 per share, the lowest was HKD 19.58, and the total consideration reached HKD 93.5773 million, including transaction fees, Futubull reported on September 30, 2026. The shares are scheduled for cancellation under the reported program.

Second-quarter margins improve

Haier Smart Home reported CNY 152.115 billion of revenue for the first half of 2026, down 2.8 percent year over year, while net profit attributable to shareholders fell 14.27 percent to CNY 10.316 billion. Those figures were reported by China Household Electrical Appliances Association on September 22, 2026, citing the company interim report released on August 27.

The quarterly split offers a more constructive detail. Second-quarter revenue rose 1.36 percent year over year to CNY 78.428 billion, while gross margin increased 0.62 percentage points to 29.00 percent, according to Futubull on September 11, 2026. Smart HVAC Solutions generated CNY 44.754 billion in the period, up 5.70 percent year over year, while domestic revenue declined 5.27 percent.

Stock remains below yearly high

Haier stock stood 28.12 percent below its 52-week high of HKD 28.20 and 5.41 percent above its 52-week low of HKD 19.05 on October 2, 2026. Trading volume was 7,129,057 shares, while market capitalization was HKD 185.2 billion.

The numbers leave investors with two competing signals: the buyback provides direct demand for H-shares, while first-half profit pressure and weaker domestic sales weigh against a simple recovery narrative. The second-quarter return to revenue growth and the wider gross-margin gain make operational execution the key measure for the next report.

Haier stock stays below HKD 28.20

Haier stock was last at HKD 20.08 on October 2, 2026, on the HKEX, with the share price 28.79 percent below the buyback ceiling of HKD 21.20 and within its HKD 19.05 to HKD 28.20 52-week range.

Haier Smart Home stock at a glance

  • Company: Haier Smart Home Co., Ltd.
  • ISIN: CNE1000048K8
  • Ticker: 6690
  • Trading venue: HKEX
  • Price (as of October 2, 2026, 4:08 p.m. HKT): HKD 20.08
  • Market capitalization: HKD 185.2 billion (as of October 2, 2026)
  • 52-week range: HKD 19.05-28.20 (as of October 2, 2026)
  • Sector / Industry: Consumer Cyclical / Furnishings, Fixtures and Appliances

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