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Quhuo Partners With Panasonic Navinfo to Boost Chinese NEV Exports
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Quhuo Reported Strong Performance From Its Homestay Division During The National Day Holiday, With Average Daily GMV Up 123% And Peak Occupancy Reached 90% Of Available Rooms
During the National Day holiday, Oranges Country, a subsidiary of quhuo, once again achieved outstanding performance with multiple measures to optimize the guest experience.
Peking, October 30, 2024 /Metropolis News/ -- Quhuo Group (NASDAQ: QH, hereinafter referred to as "Quhuo" or "the company")'s homestay service business segment Orange Tour Homestay (hereinafter referred to as "Orange Tour") performed impressively during the National Day holiday. According to the data released by Quhuo Group, during the 7-day holiday period, the check-in GMV (Gross Merchandise Volume) increased by 92% year-on-year, and the daily average GMV increased by 123% year-on-year. During the peak period of customer flow, the daily check-in rate even reached 90%. According to the data center of the Ministry of Culture and Tourism, there were 0.765 billion domestic trips during the National Day holiday, an increase compared to the same period last year.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
Quhuo Regains Compliance With Nasdaq Continued Listing Requirements
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