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National Development and Reform Commission: The subsidy for replacing old with new home appliance products has increased to 12 categories, and subsidies for purchasing new digital products like mobile phones have been introduced.
Zhao Chenxin, Deputy Director of the National Development and Reform Commission, stated at the State Council's regular press conference that the number of home appliance products eligible for the old-for-new subsidy has increased from 8 categories last year to 12 categories, with a maximum subsidy of 20% of the sales price for each item. Considering the actual needs of households, the maximum number of air conditioning products that each Consumer can purchase with a subsidy has been increased from one to three. In particular, to meet public expectations, subsidies for purchasing new mobile phones and other digital products will be implemented. Additionally, strong support will continue for the replacement of home decoration consumer goods and the old-for-new scheme for electric bicycles.
Express News | JS GLOBAL LIFE saw a rise of nearly 40% during trading, with Small Appliances expected to benefit from gift-giving on WeChat.
JS GLOBAL LIFE (01691.HK) received a Shareholding of 30 million ordinary shares from JS&W Global Holding Limited Partnership, valued at approximately 49.5 million Hong Kong dollars.
On January 3, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 3, JS&W Global Holding Limited Partnership increased its shareholding in $JS GLOBAL LIFE (01691.HK) by 30 million common shares through off-market transactions at an average price of HK$1.65 per share, worth approximately HK$49.5 million, on December 30, 2024. After the increase, the latest number of shares held by JS&W Global Holding Limited Partnership is 1.634 billion shares, and the holding ratio increased from 46.
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Strong demand for AI drives growth in the Semiconductors market, while the process of domestic Semiconductors production continues to advance.
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