Hisense Said to Mull Merger of Electronics, Appliances Units (2)

Nov. 12, 2025, 9:31 AM UTC

Hisense Group Holdings Co. is considering options for its consumer electronics and home appliances units, including a possible merger, people familiar with the situation said.

One plan could involve Shanghai-listed Hisense Visual Technology Co.buying dual-listed Hisense Home Appliances Group Co., according to the people, who asked not to be identified because the deliberations are private.

Hisense Visual’s shares rose as much as 4.5% Wednesday afternoon, taking a rally this year to 33% and giving the company a market value of nearly 35 billion yuan ($4.9 billion). Hisense Home Appliances jumped as much as 4.2% in Shenzhen and 7.6% ...

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