On September 30, MIDEA GROUP declined 3.06% in regular trading, trading at HK$91.85/share with turnover of HK$356 million, as slowing earnings momentum and institutional selling dampened sentiment.

The decline comes as the market continues to digest the company's interim results for the first half of the year. Revenue reached RMB 261.05 billion, up 3.5% year-over-year, while adjusted net profit rose just 1.7% to RMB 26.45 billion. Gross margin slipped 0.5 percentage points to 25.0%, and operating profit fell 1.93% year-over-year, signaling a clear deceleration in growth and mounting profitability headwinds.

Compounding the pressure, UBS Group AG sold 261,700 H-shares on September 23 at an average price of HK$96.58, reducing its long position from 6.03% to 5.99%. Although the company has conducted continuous share buybacks — repurchasing 2.32 million A-shares for approximately RMB 190 million on September 29 alone — market confidence remains fragile amid the broader household appliance sector adjustment cycle.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)