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Express News | JPMorgan Chase & Co's Long Position in H-Shares of Midea Group Increases to 7.45% on Nov 18 From 6.51% - HKEX
Midea Group (SZSE:000333) Could Easily Take On More Debt
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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.
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.
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