<div id="readability-page-1"><div><p>BOCI published a report stating that MIDEA GROUP (00300.HK)<span> </span><span> +0.500 (+0.561%)  </span> <span> Short selling $131.58M; Ratio 41.114%  </span>  came under pressure in 1Q26, but outperformed peers. Revenue and net profit increased only 2.5% YoY and 2% YoY, respectively. However, given that other industry players experienced even greater pressure on their results, the broker believes MIDEA GROUP's performance was actually encouraging and delivered a certain degree of positive surprise.</p><p>The report noted that the 1Q26 results also reflected MIDEA GROUP's ability to respond to adversity through various measures, including product-driven gains in market share, a more diversified business structure, and more efficient internal management and cost control. Therefore, although MIDEA GROUP faces similar challenges as its peers, such as rising production costs and escalating geopolitical tensions, it is expected to respond to these risks more flexibly. At the same time, the company is capable of generating strong cash flow to support additional initiatives aimed at enhancing shareholder returns. The Buy rating was maintained, with the TP raised from HKD92.8 to HKD94.7. (ha/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-30 12:25.)</p></div><p>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</p></div>

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<p>BOCI has raised the target price for MIDEA GROUPfrom HKD92.8 to HKD94.7 while maintaining a Buy rating. Despite facing pressure in 1Q26, MIDEA GROUP outperformed peers with a revenue increase of 2.5% YoY and a net profit rise of 2% YoY. The report highlights the company's effective response to challenges, including rising production costs and geopolitical tensions, and its strong cash flow to support shareholder returns.</p>

BOCI Raises MIDEA GROUP TP to HKD94.7, Maintains Buy