HK Stock Market Move | HAIER SMARTHOME (06690) rises more than 5%. The company's directors and senior executives plan to increase their holdings of A shares by up to 41.7 million yuan.

HAIER SMARTHOME (06690) rose more than 5%, closing at 5.7% higher at HKD 20.95, with a turnover of HKD 384 million. In terms of news, HAIER SMARTHOME announced last night that the company's directors and senior management plan to increase their holdings in the company's shares (including A shares and/or H shares) through open market transactions using their own funds, with an expected total increase in the range of HKD 20.85 million to HKD 41.70 million. At the same time, on April 7, 2025, HAIER SMARTHOME repurchased 610,000 A shares, accounting for 0.007% of the total share capital, with a total amount paid of approximately HKD 14.48 million. Credit Suisse released a research report stating that due to weak consumer demand in the United States, HAIER SMARTHOME's US market is expected to be affected by tariffs. However, with potential exemptions, any recovery in US demand may lead to market share growth for the group. Due to weakening economic growth in the United States, the bank lowered its net profit forecast for the group for the fiscal years 2025 to 2027 by 3% to 7%, initiating an H share price target of HKD 27 and an "outperform" rating. Compared to A shares, the bank believes that H shares have greater potential for upward movement, so it is more optimistic about H shares.