Haier Smart Home Shanghai stock hits over 3-week high on share repurchase plan

Haier Smart Home Co

28/04/2026 06:08

** Shares of Haier Smart Home 600690.SS rise 4% to 21.35 yuan, their highest level since April 3

** China-based home appliances maker said it intends to initiate a D-share repurchase offer of acquiring up to 81.04 mln D-shares, representing 30% of the total issued D-shares

** Stock set for biggest one-day pct rise since April 8, 2025

** Hong Kong-listed stock 6690.HK climbs 3.9% in the third rising session to HK$21.68, the highest point since March 27

** YTD, Shanghai stock down 18.3%, Hong Kong-listed shares down 11.8%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))