According to the Zhongtong finance and economics APP, home appliance stocks continued to fall today. As of the release of this report, Hisense Home Appliances (00921) fell 12.1% to HKD 27.6, Haier Smart Home (06690) fell 5.6% to HKD 26.2, Skyworth Group (00751) fell 1.91% to HKD 3.08, and VESYNC (02148) fell 0.97% to HKD 5.12.

In terms of news, Hisense Home Appliances fell nearly 13% during the day and hit a new low since early April this year. Some market participants analyzed that the sharp drop in leading home appliance stocks today may be related to profit-taking and portfolio adjustments. It is reported that since the beginning of this year, Hisense home appliance stock has continuously hit new highs. From the beginning of the year to mid-May, Hisense home appliance stock successfully doubled.

In addition, the industrial online released data on the production schedule of white goods from June to September, with the domestic production plan lowered, lower than market expectations. CICC research reports pointed out that the downward trend of domestic sales in white goods mainly includes the market background of weak overall domestic demand, and since April, the retail sales of air conditioners, which had strong demand before, have been lower than the bank's expectations, mainly due to the influence of high year-on-year base, rainy weather in the south, etc.