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Former chairman Lu Jun was investigated. After Gree Real Estate changes hands to Huafa, where will it head?
① Gree Real Estate, which plans to exit the Real Estate Development Business, has become the focus of market attention due to the investigation of its former chairman and the transfer of its controlling Shareholder to Huafa Group. ② As Gree Real Estate completely bids farewell to its core Real Estate Development business, it remains to be seen whether it can achieve breakthroughs in the duty-free market by relying on the CNI Resource Index of Huafa Group.
China Merchants: Tax refund policies are expected to promote the increase of domestic goods' market share. Pay attention to new growth opportunities in the duty-free industry.
In the current context of Global trade protectionism, shopping tax refunds can provide more convenient shopping for departing Consumers, while on the other hand, as duty-free shops have sales in inbound stores that consistently exceed those in outbound stores, tax refund policies are expected to boost the proportion of domestic goods.
China Galaxy Securities: The combined measures to boost Consumer spending continue, and the力度 of tax refunds for outbound tourists exceed expectations.
"Immediate purchase and return" policy expansion + enhanced convenience, combined with visa-free entry policy, will contribute to an increase in consumer spending for inbound tourism, thereby boosting domestic consumer demand.
There's Reason For Concern Over Gree Real Estate Co.,Ltd's (SHSE:600185) Price
Gree Real EstateLtd (SHSE:600185) Shareholders Are Still up 41% Over 5 Years Despite Pulling Back 3.4% in the Past Week
2024 Annual Results Forecast