Haitong Securities

New Business

Midea’s AC sales surge 35% in Europe amid heatwaves, offsetting slowdown in China

The blistering summer in Europe, which was marked by unbearable heatwaves, boosted air conditioner sales for Midea Group, as consumers…

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New Business

China’s brokerage sector sees mega-mergers but remains competitive and fragmented

China’s 12 trillion yuan (US$1.6 trillion) brokerage sector will continue to remain fragmented and competitive, despite the ongoing consolidation mandated…

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