Hisense Home Appliances (00921.HK) reported weaker first-half 2026 results, with revenue falling 5.22% year-over-year to CNY 46.77 billion and net profit attributable to shareholders dropping 20.16% to CNY 1.66 billion for the six months ended June 30, 2026. The company cited weak domestic demand in China, higher raw material costs and external pressures including geopolitical disruptions, while Huatai Securities also pointed to foreign exchange losses. Hong Kong-listed shares fell as much as 3.73% on August 18 after the results were released. HVAC remained the main drag, while refrigerator and washing machine sales grew but with weaker profitability. Overseas growth in Europe, North America and India, along with better performance at Sanden Corporation, offered some support as investors watched whether overseas expansion and product upgrades can offset soft mainland China demand in the second half.