Midea Group Gains Approval for Governance Amendments

TipRanksNov 19 08:08 ET

Guolian Securities: Domestic air conditioner shipments in October saw a significant increase, while exports are also on the rise.

In October, the domestic sales of household air conditioners increased significantly, entering the peak season for deliveries in the new cooling year; the channel's inventory depletion has ended, sales are improving, and restocking flexibility is anticipated.

Zhitong FinanceNov 19 02:32 ET

Household appliance consumption ranks top on singles' day sales. How much impact does the trade-in of old for new have on manufacturers' performance?

① This year's singles' day sales, household appliances topped the category sales chart with a sales figure of 152.6 billion yuan. ② The "national subsidy" policy for replacing old appliances with new ones has significantly boosted appliance sales in the short term. ③ Analysis suggests that based on the strong demand in the current appliance market and the ongoing policy momentum, household appliance sales are expected to continue growing in the fourth quarter.

cls.cnNov 13 10:09 ET

Express News | JPMorgan Chase & Co's Long Position in H Shares of Midea Group Decreases to 7.26% on Nov 7 From 8.73% - HKEX

ReutersNov 13 04:47 ET

Alibaba Logs 'Robust Growth' in Singles' Day Sales; 45 Brands Top 1 Billion Yuan in GMV

MT NewswiresNov 13 01:42 ET

Market Chatter: Chinese Online Retailers See Rise in Sales, Shoppers During Singles Day

MT NewswiresNov 12 22:18 ET