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<Research>Macquarie: Regional Policy Response Positive, Expected to Boost HAIER SMARTHOME, JD-SW
Recommend 12 Positive 25 Negative 11 |
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According to a report from Macquarie, China's recently announced subsidies for consumers replacing household appliances received a positive regional policy response. Macquarie believed that the policy has already started to show results in white goods retail sales, estimating that sales contributions and market leaders with higher Tier 1 or Tier 2 energy-efficient appliances will benefit more. The broker selected HAIER SMARTHOME (06690.HK) as its preferred pick in the industry, followed by MIDEA GP (000333.SZ), It also noted that JD-SW (09618.HK) will benefit from the policy. AAStocks Financial News |
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