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Statistics Bureau: From January to February, the total retail sales of consumer goods increased by 4.0%.
According to the announcement from the Statistics Bureau, from January to February, the total retail sales of consumer goods reached 8,373.1 billion yuan, a year-on-year increase of 4.0%. Among them, the retail sales of consumer goods excluding Autos were 7,683.8 billion yuan, with a growth of 4.8%.
National Statistics Bureau: The total retail sales of consumer goods in December 2024 increased by 3.7%.
In December, the total retail sales of social consumer goods amounted to 4,517.2 billion yuan, an increase of 3.7% year-on-year.
The A-share market is closed, but the A-share etf is still soaring!
"Betting on china" trading is hot, with funds from A-shares continuously flowing into Hong Kong and US-related ETFs, and the Hong Kong-listed ChinaAMC Star50 ETF once surged over 200%, with several Chinese concept ETFs soaring together. Market observers have noticed funds from other regions in Asia are flowing back into the Chinese stock market.
Soochow Securities: How to view the baijiu consumption tax reform path and its impact?
Moving the collection of consumption tax to a later stage presents challenges in practical implementation. It is expected that tax reform will be gradual rather than immediate while maintaining a stable foundation, and the probability of a significant increase in tax rates is low. If the tax collection stage is moved, it is expected to further accelerate industry consolidation, and small and medium-sized liquor companies may struggle to cope with the potential profit impact caused by the moving of the tax collection stage.
Audited Annual Reports for the Year Ended 31 December 2023
E Fund: Unaudited Semi-Annual Report for the Period Ended 30 June 2023