The 140th China Import and Export Fair (Canton Fair) officially opened in Guangzhou today, once again positioning itself as the key meeting point between global demand and Chinese manufacturing innovation — including a strong showing from the white goods and home appliance sector.
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White-Goods Giants Step Up Share Buybacks
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.
The White Goods Giants Face a Tough 2026: Why Midea Is Holding Up Best
The first-half results from China’s leading home appliance manufacturers reveal an industry facing significant pressure.
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