Increased sales expenses drag down profits? Shanghai Flyco Electrical Appliance: It is due to the launch of multiple new products and increased investment and online promotion | Directly addressing the earnings conference.

1. shanghai flyco electrical appliance Q3 net income declined by more than 30%, the company's CFO Hu Ying said it was mainly due to the dual impact of the company's global strategy adjustment transition period and changes in consumer environment; 2. shanghai flyco electrical appliance stated that the year-on-year increase in sales expenses was mainly due to changes in the market environment and the introduction of more new products this year, resulting in increased investment and online promotion.

cls.cn05:06 ET

Expanding internet of things asia vets terminals, Kangxi Communication plans to acquire 51% of the shares in Chip Zhongxin.

Kangxi Communication stated that the planned acquisition of the target company will help improve Kangxi Communication's existing Wi-Fi RF front-end chip products, supplementing the company's capabilities in terms of technology, revenue, etc. in the internet of things industry. Industry investors stated that in terms of smart control modules, Chip Inside could save on the intermediate price difference by purchasing Kangxi Communication's Wi-Fi chips, thereby driving down the costs of related products.

cls.cn23:55 ET

Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.

① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.

cls.cn21:26 ET

China has taken the lead! Wall Street strategists: the next "Trump trade" may be outside of the USA.

①When looking to the future, Jay Pelosky, the founder and global strategist of the New York investment consulting firm TPW Advisory, has insights that differ from many mainstream market views; ②He believes that Trump's victory might ultimately serve as an important catalyst - driving the usa market to end its long-standing excellent performance.

cls.cn21:18 ET

Expanding into the military industry sector, Geling Shentong is expected to acquire the controlling rights of Guoke Yidao, with an appreciation rate of 431.99% in valuation.

Sinolink stated that, affected by policy support and geopolitical factors, the military industry sector may usher in a development opportunity and play an important role in the technology growth style. 2. After evaluation, the fair value of the equity of Gesun Co., Ltd. using the income approach was 163 million yuan, with an appraisal appreciation of 132.3602 million yuan, and an appreciation rate of 431.99%.

cls.cn20:03 ET

Brokerage Morning Meeting Highlights: Subsequent new round of policy deployments will significantly boost market confidence.

At today's brokerage morning meeting, citic sec stated that it is expected that the central economic work conference will continue its proactive attitude towards next year's macro policies, and the subsequent new round of policy deployment will significantly boost market confidence; htsc believes that medical insurance cost control opens up new space for commercial insurance; china securities co.,ltd. proposed that by 2025, four types of investment opportunities in the colored allocation should be focused on.

cls.cn19:44 ET