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<Research>Daiwa Trims HAIER SMARTHOME (06690.HK) TP to $27, Rating Buy
The management of HAIER SMARTHOME (06690.HK) confirmed its 2025 guidance for high single-digit sales growth and double-digit earnings growth, according to Daiwa's research repo...
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<Research>Daiwa Trims HAIER SMARTHOME (06690.HK) TP to $27, Rating Buy
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The management of HAIER SMARTHOME (06690.HK)  -0.050 (-0.219%)    Short selling $29.68M; Ratio 8.489%   confirmed its 2025 guidance for high single-digit sales growth and double-digit earnings growth, according to Daiwa's research report.

While the Company is on track to deliver strong 2Q25 and 3Q25 domestic sales growth. Management added that the impact of tariffs is manageable, citing higher ASP and supply chain localization as key mitigants.

Related NewsCMBI Axes HAIER SMARTHOME (06690.HK) TP to $28.45, Prudent on Firm Outlook
Overall, the outlook is reassuring for 2Q25 and 3Q25, and the impact on the Company has been less than the broker's original expectations, in Daiwa's view.

Daiwa reiterated rating at Buy on the Company, and said the recent share price pullback provides a good opportunity to accumulate. The broker trimmed its target price from $33 to $27.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-09 16:25.)

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