Guotou Securities: Q3 home appliance subsidy policy promotes economic improvement, while exports continue to grow rapidly.

Since the end of August, the detailed subsidy rules for the "trade-in old for new" of household appliances have been successively implemented in various provinces and cities, effectively boosting the consumer sentiment for household appliances. With the continuous implementation of the subsidy policy, the domestic sales of household appliances are expected to bottom out and rebound.

Zhitong FinanceNov 11 03:13 ET

Hong Kong stock concept tracking | Shanghai household appliances and home furnishings expand by exchanging old for new, domestic sales of household appliances in the fourth quarter may continue to actively improve (concept stocks attached)

Htsc stated that the home appliance replacement policy is taking the lead, and domestic demand for household appliances is gradually improving in the third quarter of 2024. With the ongoing consolidation of the domestic sales market through the replacement policy, domestic sales of household appliances in the fourth quarter may be able to continue the positive trend of improvement.

Zhitong FinanceNov 10 18:28 ET

Express News | JPMorgan Chase & Co's Short Position in H Shares of Midea Group Decreases to 1.69% on Nov 05 From 2.20% - HKEX

ReutersNov 8 04:11 ET

Hong Kong stocks unusual movement | Home appliances stocks rise in the afternoon, singles' day sales growth may be stronger than previous years, sinking market will relay to drive the release of new demand.

Home appliances stocks rose in the afternoon, as of the time of publication, Hisense Ha (00921) rose by 4.83% to HK$26.05; Midea Group Co., Ltd (00300) rose by 3.5% to HK$72.5; Vesync (02148) rose by 2.07% to HK$3.94; Haier Smarthome (00669) rose by 0.83% to HK$109.2.

Zhitong FinanceNov 8 00:56 ET

Guolian Securities: Domestic appliance sales may be ushering in a turning point. The advantage of "price range + channel" is added.

Driven by the replacement of old for new, domestic appliance sales may be entering a key transition period, with substantial subsidy sales volume and remarkable elasticity in off-peak product categories.

Zhitong FinanceNov 6 20:00 ET

Midea Group's (SZSE:000333) Strong Earnings Are Of Good Quality

Simply Wall StNov 6 18:16 ET