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Express News | JS Global Lifestyle - Expected Decrease in Profit Due to Cost of Sales Continued to Increase in FY24, Others
Express News | JS Global Lifestyle - Expected Profit From Cont Ops for FY2024 Would Be No Less Than US$8.1 Mln
JS GLOBAL LIFE: PROFIT WARNING
JS GLOBAL LIFE's Chairman Wang Xuning has increased his shareholding by approximately 0.266 billion shares at a price of about 1.52 Hong Kong dollars per share.
According to the latest information from the Hong Kong Stock Exchange, on January 15th, the Chairman and CEO Wang Xuning increased the shareholding of JS GLOBAL LIFE (01691) by 265,859,805 shares, at a price of HKD 1.5185 per share, totaling approximately HKD 0.404 billion. After the increase, the latest number of shares held is approximately 2.322 billion, with the latest shareholding ratio being 66.84%.
Hong Kong stocks closed (01.17) | The Hang Seng Index rose by 0.31%, the Semiconductors Sector performed strongly, Semiconductor Manufacturing International Corporation (00981) surged over 9%.
Today, significant economic data has been released, showing an annual GDP growth of 5%, with a substantial rebound in growth in the fourth quarter of last year. The three major indices of the Hong Kong stock market collectively surged during the session, with the Hang Seng Tech Index rising over 1%.
Multiple Bullish factors have boosted certain Home Appliances stocks, with JS GLOBAL LIFE accumulating over 20% increase in the past four days.
① What categories are covered by the appliance subsidy policy implemented this year, and how are the subsidy standards and amounts set? ② Under the promotion of the exchange policy, how do Institutions view the future performance of Home Appliances?