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Hong Kong stocks go up | TCL Electronics (01070) rose more than 7% due to increased subsidies for trade-ins of old appliances. Sales of the company's large-sized and high-end products have also increased.
Tcl Electronics (01070) rose more than 7%, as of press time, rose 6.92%, reported HKD 5.25, with a turnover of HKD 23.3726 million.
Mr Bean FAST Channel Launches Live on TCL
Unusual direct hit | Home appliance stocks rose across the board, with Hisense Haier and Haier SmartHome rising more than 5%. The implementation of the trade-in subsidy.
The National Development and Reform Commission and two other departments recently released several measures to coordinate and arrange approximately 300 billion yuan of long-term special national bond funds to provide increased support for large-scale equipment upgrades and consumer goods trade-ins.
Hong Kong stock concept tracking: 300 billion national debt funds support equipment updates and consumer goods trade-ins. Leading companies in the household appliance sector benefit. (Attached concept shares)
The household appliances industry has clearly benefited from policies, and institutions are focusing on companies with high proportions of domestic sales and white goods.
TCL Electronics (1070.HK) saw a 122% increase in Mini LED television shipments in the first half of the year, prompting major banks to raise their forecasts.
In the turbulent waters of the global market, Chinese companies are sailing with unprecedented speed and scale, seeking broader development opportunities and prospects overseas.
TCL Electronics Reports Q2 Results
At HK$2.88, Is TCL Electronics Holdings Limited (HKG:1070) Worth Looking At Closely?No Data
