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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 | Equipment update again welcomed catalyst! These sub-sectors are expected to increase their performance growth (with concept stocks).
The National Development and Reform Commission and the Ministry of Finance have issued a notice on measures to support large-scale equipment renewal and consumer goods trade-ins.
HK stocks surge | Haier SmartHome (06690) surges more than 6% in the afternoon session. Two departments say they will allocate funds to support personal and local consumer goods for trade-ins.
Haier Smarthome (06690) soared more than 6% in the closing, as of press time, rose 6.41%, at HKD 24.9, with a turnover of HKD 0.497 billion.
Haier Intends to Continue Negotiations With Purmo Board to Make It Fully Appreciate the Merits of Haier's Superior Offer
Hong Kong stocks fluctuations | Home appliances stocks are trending lower in the morning, with sector valuation falling back. In the first half of the year, the market structure and prices of household appliances have both declined.
At midday, shares of home appliances showed a downward trend. As of press time, Hisense Ha (00921) fell by 3.30%, closing at HKD 21.95; vesync (06690) fell by 1.62%, closing at HKD 4.26; Skyworth Group (00751) fell by 1.07%, closing at HKD 2.77.
Haier Smarthome (06690.HK) received a shareholding of 0.7255 million shares from JPMorgan.
According to the latest equity disclosure information from the Hong Kong Stock Exchange, on July 19, 2024, Haier Smarthome (06690.HK) received shareholding of 0.7255 million shares from JPMorgan Chase & Co. at an average price of HKD 23.817 per share, involving approximately HKD 17.28 million. After the shareholding, JPMorgan Chase & Co.'s latest holding position is 257,497,132 shares and the holding rate has increased from 8.98% to 9.00%.
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VIVEK SURANA : Buying a car and buying a business are two different things. Of course, people will buy NiO because it is great value for money since the share holders are paying the price.
Teck Wang Pang PaPa OP VIVEK SURANA : har...? Are you buying or driving a Nio too?
74216494 VIVEK SURANA : ... great value for money ... : +1. "The Leading ZERO" f... all the old time investors of NIO. To the benefit of Chinese customers. Because most of old time investors are/were Americans, it was a smart move :-)