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Is Changhong Meiling (SZSE:000521) Using Too Much Debt?
Guotou Securities: Consumer electronics continued to gain attention in the third quarter, with significant increase in allocation to white goods.
In the third quarter, the export of household appliances continued to be highly prosperous, and since August, various provinces and cities have successively issued detailed rules for the "old for new" subsidy for household appliances, driving the improvement of domestic household appliance consumption. The proportion of actively stock-heavyweight funds in the household appliance sector continued to rise.
Changhong Meiling: Report for the third quarter of 2024
Changhong Meiling Co., Ltd.'s (SZSE:000521) Market Cap Surged CN¥391m Last Week, Individual Investors Who Have a Lot Riding on the Company Were Rewarded
China Securities Co.,Ltd.: The home appliance market is booming under the policy of trading in old for new, with pre-sale promotions for singles' day starting early.
Driven by the policy of trading in old items for new ones, the National Day market sales are booming. Looking at the national situation, Suning Tesco's national stores have seen a holiday customer flow increase of over 200% year-on-year, with a 132% year-on-year growth in orders for trading in old items for new ones.
Changhong Meiling to Buy Hefei Changhong Industrial for 375 Million Yuan
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