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Weak Statutory Earnings May Not Tell The Whole Story For JS Global Lifestyle (HKG:1691)
JS GLOBAL LIFE (01691) Shareholders transferred Stocks from Standard Chartered Bank (Hong Kong) to HSBC Hong Kong, with a Market Cap of 0.736 billion HKD.
On May 2nd, JS GLOBAL LIFE (01691) Shareholders transferred their Stocks from Standard Chartered Bank (Hong Kong) to HSBC Hong Kong, with a Market Cap transfer of 0.736 billion HKD, accounting for 11.76%.
National subsidies activated the "May Day" digital home appliance consumption boom. Manufacturers: "This year's May Day store traffic has doubled!"
① The exchange of old for new has ignited consumer spending during the "May Day" holiday, with significant increases in customer traffic at many stores. ② In the home appliance sector, the trends of large screens, embedded appliances, and Asia Vets consumerism have become prominent; the participation of Huawei and Apple phones, which rarely took part in activities before, has reached unprecedented levels in this year's national subsidies. ③ Analysts believe that in the future, the release of policy bonuses and advancing consumer demand will drive further sales growth in high-end home appliances, health products, and smart categories.
[Brokerage Focus] CITIC SEC stated that the overall impact of tariffs on home appliance companies is manageable.
Jinwu Financial News | CITIC SEC stated that the increase in tariffs by the USA has led home appliance companies to actively respond by expanding production capacity overseas. Recently, the USA has imposed additional tariffs on China, attracting attention from the Capital Markets. The bank believes that major home appliance companies have taken corresponding measures to respond: in the short term, exporting companies have stockpiled products overseas in advance to reduce the impact on performance; from a medium- to long-term perspective, major companies have actively expanded production capacities in Southeast Asia and Mexico to mitigate tariff impacts. It should be noted that Emerging Markets such as the Middle East and Latin America are also beginning to grow, which helps to mitigate the impact of fluctuations in US Orders on domestic companies. The bank pointed out that the USA's continuous increase in tariffs is affecting home appliance companies.
Express News | JS Global Lifestyle - Qtrly Operating Revenue for Joyoung Co RMB 2Bln
JS GLOBAL LIFE: ANNOUNCEMENT ON THE FIRST QUARTERLY REPORT OFJOYOUNG CO., LTD. FOR THE THREE MONTHSENDED MARCH 31, 2025
Investor Optimism Abounds JS Global Lifestyle Company Limited (HKG:1691) But Growth Is Lacking
