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<Research> HSBC Research Raises TP of Midea (00300.HK) to HKD112; Last Quarter Results Meet Expectations
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HSBC Research issued a report stating that Midea (00300.HK)'s fourth-quarter 2025 results met market expectations. Despite facing a high base in the first quarter of this year, the forecast for profit growth remains positive. The company provides strong returns to shareholders through a high dividend payout ratio and an expanded share repurchase program. HSBC Research maintains a 'Buy' rating on Midea's A shares (000333.SZ) and H shares, with the A shares TP remaining at RMB97 and the H shares TP raised from HKD110 to HKD112. Additionally, the firm largely maintains its revenue forecasts for Midea for this year and next, but raises its profit forecast by 2% due to increased confidence in its operating profit margin, believing that the company has taken measures to alleviate cost pressures. (ha/j) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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