Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
XIAOMI-W Soars 7.5% to Fresh High; CN Handset Sales Reportedly Leap 3-5x on Subsidy Policy Launched on Mon
Recommend 24 Positive 49 Negative 11 |
||||
|
||||
|
Handset and equipment stocks stretched their gains after midday (24th). XIAOMI-W (01810.HK) hit a fresh high of $37.1 with a surge of 7.5%. ZTE (00763.HK) leaped 8.5%. SUNNY OPTICAL (02382.HK) shot up 7.9% to $72.95. Q TECH (01478.HK) spiked 13.3%. BYD ELECTRONIC (00285.HK) rallied 4.5%. Since January 20, 2025, the new subsidy policy for purchasing mobile phones, tablets, and smartwatches (bands) has been gradually implemented across China, CNR.com reported. Several brand store managers revealed that since the subsidy policy for digital products like phones began on Monday (20th), in-store phone sales have increased 3-5 times compared to usual. The report also mentioned that starting from the 20th, when logging into online e-commerce platforms like Tmall and JD-SW (09618.HK), consumers will be presented with a dedicated government subsidy section that allows them to enjoy the support of the subsidy policy. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
