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02.09.25 - 04:30
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Hong Kong stocks tread water after biggest advance in 2 weeks (SCMP)
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Hong Kong stocks traded in a narrow range on Tuesday after the benchmark gauge posted its biggest gain in more than two weeks a day earlier.
The Hang Seng Index fell 0.1 per cent to 25,600.07 as of 10.03am local time. The Hang Seng Tech Index dropped 0.6 per cent.
On the mainland, the CSI 300 Index slipped 0.1 per cent and the Shanghai Composite Index retreated 0.3 per cent.
Car dealer Zhongsheng Group Holdings advanced 5 per cent to HK$16.78, and household appliances maker Midea Group gained......
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27.08.25 - 11:45
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IPO: MIDEA GROUP: Subsidiary Annto Submits Listing Application (AAStocks)
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MIDEA GROUP (00300.HK) proposed to spin off its non-wholly owned subsidiary, Annto, for listing, according to MIDEA GROUP's announcement. The Company was informed that Annto has submitted a listing application through its joint sponsors to the Stock Exchange today (27th), to apply for the listing of, and the permission to de......
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19.08.25 - 04:15
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H Shrs: HSI Opens Up 64 Pts; MIDEA GROUP, TONGCHENGTRAVEL Brisk (AAStocks)
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The HSI opened 64 points or 0.3% higher at 25,241. The HSCEI climbed 20 points or 0.2% to 9,054. The HSTECH rose 13 points or 0.2% to 5,592.In the tech sector, BABA-W (09988.HK) opened 0.2% lower. TENCENT (00700.HK), MEITUAN-W (03690.HK), JD-SW (09618.HK), BIDU-SW (09888.HK), and SMIC (00981.HK) inched up 0.1-0.2%. NTES-S (09999......
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19.07.25 - 03:24
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Chinese Consumer Brands Rapidly Expand In Southeast Asia (ZeroHedge)
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Chinese Consumer Brands Rapidly Expand In Southeast Asia
It's not just in autos where Chinese brands are expanding their global reach...
Chinese consumer brands are quickly expanding in Southeast Asia, especially in home appliances and cosmetics—markets once led by Japanese, South Korean, and European companies, according to Nikkei Asia. Their rise is powered by acquisitions, e-commerce, and domestic overcapacity.
“Innovation in China is very cutthroat,” said Tim Chuah, senior global insight manager at Euromonitor. “For the very strong players who have survived in China, once they get into Southeast Asia, it becomes much easier for them to increase their market share.”
Appliance makers like Haier and Midea have grown globally through local production and acquisitions like GE Appliances and Japan's Aqua. In Thailand, Haier launched AI-equipped washing machines and expects 2025 sales to hit 14 billion baht, up 28%. “You can see our growth speed is [faster than] other brands,” sai...
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