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On August 20th, Sino Splendid Holdings Limited (02155.HK) held a board of directors meeting to consider and approve its interim results.
On August 8th, Gelonhui reported that Shinsho International (02155.HK) announced that a board of directors meeting will be held on August 20, 2024 (Tuesday) to consider and approve the unaudited interim performance of the company and its subsidiaries for the six months ending June 30, 2024 and to consider recommending the distribution of interim dividends (if any).
MORIMATSU INTL: DATE OF BOARD MEETING
Northeast Securities: Excavator cycle bottoming out, overseas markets open up growth space.
Policy stimulus combined with a considerable scale of stock and old markets will help excavator sales in the domestic market to achieve a bottom stabilization this year.
Citic Sec: Equipment update policy is implemented, equipment investment in related fields is expected to accelerate.
For equipment updates and the scrapping and updating of old operational ships, the National Development and Reform Commission will take the lead in arranging approximately 148 billion yuan of ultra-long-term special national bonds to implement support policies for large-scale equipment updates.
Hong Kong stock market concept tracking: Sales of construction machinery industry rebound, with demand in the midstream machinery industry in a weak recovery trend (with concept stocks)
Multiple institutions indicate that excavator export sales are expected to turn positive in the second half of the year.
Haitong Sec: Mid-to-high-end manufacturing has strong resilience, and the home appliance, autos and machinery industries may perform relatively steadily.
ZhITong Finance APP learned that Haitong Securities released research reports stating that under the disturbance of Sino-US trade relations, home appliances, autos, and machinery may perform relatively steadily thanks to their supply advantages and demand hedging.
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