Midea made the right 'bet'.
The first financial report disclosure after listing in Hong Kong.
Driven by the subsidy for trading in old appliances, the home appliance industry is expected to show strong growth in Q3! november 11 shopping festival-related has become a new starting point for explosive performance.
①Under the consumer goods trade-in policy, the retail sales of household appliances and audio-visual equipment for households of quota-exceeding units increased by 20.5% in September, a significant acceleration of 17.1 percentage points compared to August, with smart home appliances growing at over 30%. ②On the other hand, the real "peak season" for appliance subsidies lies in the november 11 shopping festival-related brought by e-commerce platforms.
Stimulating appliance sales with trade-in programs, the "volume and price rise together"! Goldman Sachs: Q4 shipments may continue to increase
Goldman Sachs pointed out that in September, the retail sales of household appliances increased by more than 20% year-on-year, with offline average selling prices increasing by 5-17% year-on-year, showing a situation of "rising volume and price." With Singles' Day sales approaching, it is expected that the household appliance industry will experience further growth in Q4.
Cailian Venture Capital Platform | In September, the pace of investment and financing in the capital markets slowed down. Midea Group Co., Ltd. achieved an "A+H" listing......
①In September 2024, there were 36 disclosed financing events in the domestic consumer sector, a year-on-year decrease of 52.6%; according to the disclosed investment and financing amounts, the cumulative financing amount in the consumer sector in April was 2.746 billion yuan, a decrease of 18.3%. ② From a data perspective, both the quantity and amount of investment and financing in September remain at a low level, with the market investment enthusiasm tending towards rationality.
How to Capitalize on the Ongoing Bull Market for Chinese Stocks
The air conditioner expansion plan of 2.5 billion yuan is expected to stimulate demand according to Haier Smarthome's old-for-new policy. | Speed Reading Announcement
1. Haier Smarthome disclosed a nearly 2.5 billion yuan investment plan for air conditioner expansion yesterday evening, and expressed optimistic expectations for the household appliance market in the second half of the year. 2. In a highly anticipated research report released by Goldman Sachs earlier, the air conditioner industry was categorized as having 'excess production capacity,' while Haier Smarthome, in disclosing the expansion plan, stated that there is still significant growth potential for high-efficiency, comfortable, and smart air conditioning products.