China’s leading white-goods companies are stepping up share buybacks as the home-appliance market faces slower growth.

Midea Group has been particularly active, with billions of yuan spent on share repurchases. The company plans to cancel the repurchased shares, which will reduce the total number of shares in circulation.

Haier Smart Home is also buying back shares across its A-share, H-share and D-share markets. Supor has completed the cancellation of 3 million repurchased shares.

The move comes as China’s white-goods market faces weaker demand. Retail sales of home appliances fell in the first half of 2026, putting pressure on the industry.

For investors, share buybacks can improve earnings per share and return capital to shareholders. However, the long-term strength of these companies will still depend on demand, product innovation, global growth and their ability to adapt to new technologies.