BRIEF: Haier Smart Home profit climbs 13% in third quarter
Appliance maker Haier Smart Home Co. Ltd. (6690.HK; 600690.SH; 690D.DE) announcedon Thursday its revenue rose 9.5% year-on-year during the third quarter to 77.56 billion yuan ($10.89 billion), while its net…
Midea aims to score Hong Kong IPO to boost global profile
The leading Chinese maker of home appliances has been expanding overseas and actively promoting its brand Key Takeaways: The Midea Group failed in its first Hong Kong IPO attempt last…
Tuya’s losses narrow, but stock still looks pricey
The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways:…
Haier Smart Home finds bargain in commercial refrigeration acquisition
One year after becoming a blue-chip stock, the home appliance maker announced it will buy the commercial refrigeration business of U.S.-based Carrier Global Corp. Key Takeaways: Haier Smart Home has…