The Zhitong Finance App learned that Bank of China International released a research report saying that Midea Group (00300)'s second-quarter revenue and net profit increased by 4% and 1% year-on-year, respectively, significantly outperforming peers, reflecting the company's strong cost management capabilities. The bank expects overseas business to renew its growth momentum in the second half of the year, and the scale effect will expand further, which will help offset the pressure on the domestic market. The bank expects investors to also begin to pay attention to the potential of the company's investment to gradually bring returns. Among them, Changxin Technology may become the most representative case in the second half of 2026, maintain a “buy” rating, and raise the target price to HK$107.6.

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