Are Midea Group Co., Ltd. (SZSE:000333) Investors Paying Above The Intrinsic Value?

Simply Wall St01:43 ET

Guosen: In December, the production of white goods increased by over 20%, and the effectiveness of the home appliance replacement program is significant.

The production growth rate of white goods in December continues to improve, with both domestic and export markets remaining prosperous; significant results have been achieved in the exchange of old for new, and the policy is expected to continue in 2025.

Zhitong Finance01:07 ET

Hisense's "female general" is assigned a critical mission to help Jia Shaoqian achieve the dream of 300 billion? | BUG

Wen | Sina Technology, Zhou Wenmeng. The core management team led by Hisense Group Chairman Jia Shaoqian has welcomed a post-80s female general. Recently, Hisense HA announced that Chairman Dai Huizhong will no longer serve as chairman due to reaching retirement age. The board of directors unanimously elected Gao Yuling as the new chairman of the company. According to information, Gao Yuling was born in 1981 and is currently 43 years old. She is the youngest chairman since Hisense HA became publicly listed in 2007 and the only female chairman to date. As one of the five listed companies under Hisense Group, Hisense HA holds a crucial position. According to Hisense HA's financial report, in 2024.

Sina Technology19:54 ET

In October, new home sales in the usa fell to the lowest level in about two years due to hurricanes affecting sales in the southern region.

In October, new residential sales in the USA fell to their lowest level in nearly two years, as two hurricanes hit the southern region of the USA and high house prices continued to put pressure on the housing market. According to official data released on Tuesday, sales of new single-family residences last month fell 17% to an annualized rate of 0.61 million units. Economists surveyed by Bloomberg forecast a median of 0.725 million units. The median sales price of new homes in October rose to $437,300, the highest in 14 months. Hurricanes Helen and Milton hit parts of the southeastern USA, impacting sales in the country's largest housing market and dragging down nationwide data in the southern region.

Global market reportNov 26 10:50 ET

gtja: Clear stimulus effect with the combination of trade-in for singles' day sales, Q4 home appliances are expected to see a turning point.

According to data from the Ministry of Commerce, in early November, the sales of major home appliances by key monitored retail enterprises increased by 45% year-on-year; as of November 11, 21.608 million consumers purchased 32.719 million units of 8 major categories of home appliances.

Zhitong FinanceNov 26 02:02 ET

Midea was selected as one of the top 100 enterprises in China applying for overseas trademarks.

From November 23 to 25, the 14th China International Trademark Brand Festival was successfully held in Xi'an, bringing together senior officials, trademark and brand professionals, and entrepreneurs from around the globe to discuss the future development direction of trademarks and brands. On the afternoon of the 23rd, the China Trademark Association and Fovea IP jointly released the "Top 100 Chinese Trademarks Filers in Overseas Markets" report for the first time, with midea group co., ltd successfully making it onto the list. Midea group legal department.

Gelonghui FinanceNov 25 20:42 ET