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Midea Group Gains Approval for Governance Amendments
Wanlian Securities: In Q3 24, the csi consumer 360 index continued to decline, and the allocation of household appliances increased month-on-month.
The heavy position ratio of the csi consumer 360 index sector in 24Q3 continues to fall and is currently at a historical low.
Guolian Securities: In October, domestic air conditioner sales shipments significantly accelerated, with export momentum on the rise.
In October, domestic shipments of air conditioners for household use increased significantly, entering a peak delivery period in the new cool year; channel destocking completed, sales activity has improved, and stocking elasticity is expected.
Bonnie Chan Yi-ting: The Hong Kong new stock market has made significant progress this year, preparing for system upgrades to welcome the RMB counter to connect with the Hong Kong stock market.
Charles Li, Chairman of Hong Kong Exchanges and Clearing Limited, stated that the mutual access mechanism helps establish Hong Kong as an international financial center. As a liaison, he and Hong Kong Exchanges and Clearing Limited will continue to facilitate communication. They also welcome and support Li Ming, Vice Chairman of the China Securities Regulatory Commission, in continuously optimizing the mutual access mechanism.
Express News | Midea has reached a global strategy cooperation with Falabella, the largest retailer in Peru.
Express News | General Mills invested $1.45 billion to acquire Whitebridge's North American pet food business.
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