Panda busy
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It may just be the consumption boom stimulated by the subsidy policy at the end of last year, and not the consumer awakening as their media said.
Chek Wong
OPPanda busy
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It is still consumption even if government pays part of it as a subsidy. Companies still benefit. The question would be in sustainability. I wouldn't discount China's momentum coupled with high patriotism and nationalism. China households have the highest savings rate in the world.
Panda busy
Chek Wong
OP
:
Yes, but it may depend on the subsidy intensity of the Chinese government this year. However, from my current experience, it seems that there is no new subsidy policy in the first quarter. So we still need to observe.
$BABA-W (09988.HK)$seriously does the China stimulus looks attractive ? trade in rebates for cars and appliances . appliances maybe … but appliancrs are already ditect cheap in china …. ev cars ….
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103267746
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Fundamental shift on ecomonic policies, that's what the market is betting on, let's see how long this will last
Chinese consumers are waking up!
BBB before too late!
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