Hainan's offshore duty-free pressure, China Tourism Group Duty Free Corporation's revenue and net profit both declined. Analysts believe that the impact of the new tax-free policy in the city is limited. | Interpretations of financial reports
①This year, China Tourism Group Duty Free Corporation's revenue decreased by 12.81% YoY, and net income attributable to shareholders decreased by 15.07% YoY; ②Recently, several departments issued a notice on improving the policy of downtown duty-free shops, and the Hainan Provincial Department of Commerce hosted the distribution of Hainan Province's 'flight ticket + duty-free' consumer vouchers; ③Analysts believe that the new policy of downtown duty-free shops has a narrow range of customer base and limited impact on the duty-free market.
Long-established state-owned developer says goodbye to real estate.
Ten years ago, Dong Mingzhu, then chairman of Gree Group, said that Gree should not focus on real estate business, but should focus on home appliances; ten years later, this became true. Gree Real Estate, which has separated from Gree Group, has decided to withdraw from real estate development business. On July 7th, Gree Real Estate announced that it will gradually withdraw from real estate development business in Shanghai, Chongqing, Sanya and other places, and plans to sell corresponding assets and liabilities; at the same time, it has updated its restructuring plan for Zhuhai Duty-Free Group, planning to buy no less than 51% of the equity of Zhuhai Duty-Free Group and promote Gree Real Estate's main business transformation to duty-free business.
China is exempt from China, why is it recovering
The injured middle class and the middle class
After the release of the “31 Rules” of the private economy, entrepreneurs such as Ma Huateng, Lei Jun, Zhou Hongping, and Li Shufu responded intensively!
The private economy has a new position: a vital force for advancing Chinese-style modernization
After seven years of ups and downs, Hainan's Yedao returned to state-owned property
After a seven-year hiatus with Feng Biao, Hainan's Yedao (600238.SH) once again welcomed the return of state-owned investment. Feng Biao is a well-known bull scatter. The “Oriental Department” he founded attacked the capital market. In addition to Yedao in Hainan, Feng Biao also participated in the actual control sniper of Jiaying Pharmaceutical (002198.SZ). On June 28, Hainan Yedao issued an announcement stating that since the shares held by Beijing Dongfang Junsheng Investment Management Co., Ltd. (hereafter “Dongfang Junsheng”), the largest shareholder, were reduced due to judicial auctions, Haikou's state-owned capital holding 13.46% of the shares became the largest shareholder. At the Extraordinary General Meeting of Shareholders on the same day, Haikou State-owned Assets
Express News | Morgan Stanley: resume tracking of China exempt H shares with a rating of "over-matching" with a target price of HK $215,000,000.
Express News | Local holidays are promoted everywhere during the “Eleventh” holiday: “micro vacations” + temporary reservations and refunds became a trend
Aurora Mobile in partnership with Spring Airlines for improving operational efficiency
Top 10 companies by semiconductor design TAM, worldwide, 2021
China’s Smartphone Shipments Surge 29.6% in December 2021
Review of December 24: full momentum this week, release the volume of the main funds to attack 5 shares next week.
December 24 news, the three major indices opened low, and then Prev maintained a low consolidation, the gem index led two cities down. In terms of the plate, medicine-related plates collectively rose, Chinese medicine stocks led the rise, food processing, retail and other consumer stocks were active against the trend; lithium batteries, photovoltaic, energy storage and other new energy tracks fell across the board, of which the weight fell more than 9% in the Ningde era. The index continued to weaken in the afternoon, with the gem index falling 2.7% at one point. Cultivate diamond, NFT concept stocks pull up; automobile, rare earth, fluorine chemical industry, digital currency and other sectors in the doldrums. Overall, market sentiment cooled, individual stocks showed a general downward trend, the two markets
Maoye Commercial to Get $15 Million Relocation Compensation
BRIEF-Nisun International Announces Cooperation With Shanghai Bailian Group
Nisun International Enterprise Development, Shanghai Bailian Group Sign Cooperation Agreement on Information Appliances
Xiamen Port Development's Profit Soars 11% in Q3
Covid Roundup: Market Talk
SHA Faces Headwinds From Slower-Than-Expected Recovery -- Market Talk
Nippon Steel Sues Toyota, Chinese Steelmaker for Patent Infringement, Seeks $350 Billion
Xiamen Port Development Projects 40% to 62% Rise in Q3 Profit
China Tourism Group's Market Dominance May Sustain Despite Competition -- Market Talk