HK Stock Market Move | HAIER SMARTHOME (06690) rises against the trend by more than 3%, achieving the top spot for the 13th consecutive year in the Double 11 online shopping festival.

HAIER SMARTHOME (06690) rose against the trend by more than 3%, as of the time of publication, it increased by 3.11% to 28.2 Hong Kong dollars, with a trading volume of 1.48 billion Hong Kong dollars. In terms of news, HAIER SMARTHOME disclosed its Double 11 battle report. As of 24:00 on November 11th, HAIER SMARTHOME has achieved the top spot on the entire network for 13 consecutive years, including various categories, channels, high-end products, word-of-mouth, and the first place in the live stream of large appliances. Haitong previously pointed out that in the domestic market, the company's product and brand matrix is perfect, with a clear advantage in the high-end market. The company will benefit from the demand boost under the national subsidy policy in Q4 2024. In terms of overseas markets, the company is steadily increasing its market share in Europe and the United States, and strengthening its channel and supply chain construction in emerging markets, continuously expanding its global business layout.