According to Zhitong Finance APP, Midea Group Co.,Ltd. (00300) opened nearly 4% higher after its earnings release, rising 3.9% to HK$97.15 as of press time, with a turnover of HK$39.8509 million.
On the news front, on October 29, Midea Group Co.,Ltd. released its 2026 third-quarter report, achieving total operating revenue of 369.1 billion yuan in the first three quarters and net profit attributable to shareholders of 41.4 billion yuan, up 9.3% year-on-year, bucking the trend to achieve dual growth in revenue and net profit. Among this, the single-quarter net profit attributable to shareholders in the third quarter was 14.9 billion yuan, up more than 25% year-on-year.
In addition, Midea Group Co.,Ltd. has completed 13.3 billion yuan in share buybacks this year, with cumulative buyback amounts exceeding 52 billion yuan since its overall listing, making it the "buyback king" in A-share history. Some capital market observers believe that Midea's full cancellation of hundred-billion-level buybacks this year, combined with its full profit return record of 44 billion yuan in "dividends plus buybacks" for the full year of 2025, has fundamentally restructured the long-term certainty of shareholder returns, becoming a benchmark case for shareholder returns among real economy enterprises.
At the same time, Midea Group Co.,Ltd.'s accelerated transformation into an AI plus industrial technology group has also upgraded its position in the allocation lists of global institutional investors from a single "home appliance target" to a core foundational asset that combines stable return attributes with potential growth attributes.
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