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TrendForce: Driven by china's old-for-new subsidy program and holiday promotions, the global television brand shipment volume in the third quarter increased by nearly 10% compared to the previous quarter.
According to the latest survey by TrendForce, in the third quarter of 2024, the global television brand shipment volume reached 52.33 million units, a quarter-on-quarter increase of 9.6% and a year-on-year increase of 0.5%.
Shanghai promotes consumer upgrading and expansion of automobile and green home consumption.
Shanghai Municipal Commission of Commerce and other 12 departments issued the "Implementation Opinions on Better Utilizing Consumer Credit to Promote the Improvement and Upgrading of Consumption", with the goal of launching a number of leading high-quality, diversified, and integrated new consumer scenes in the fields of commerce, culture and tourism, sports, education, and civil affairs by the end of 2026; commercial banks, consumer finance companies, and automobile finance companies and other financial institutions fully leverage their respective competitive advantages and differentiation, professional positioning, combine with the demand for innovative consumer scenes, launch a number of personalized, customized consumer credit products, forming a new trend of mutual promotion and integration between consumer scenes and consumer credit.
js global life (01691.HK) subsidiary Joyoung's net profit for the first nine months dropped by 73% to 98.06 million RMB
JS Global Life (01691.HK) announced the first three quarters results of its subsidiary Joyoung Co., Ltd (002242.SZ), achieving revenue of 6.182 billion RMB, a year-on-year decrease of 8.8%. Net profit attributable to shareholders was 98.06 million yuan, a 73% decrease, with earnings per share of 49 cents.
JS global life (01691): Jiuyang's net income attributable to mother in the first three quarters was 98.0639 million yuan, a decrease of 73.02% year-on-year.
js global life (01691) announced joyoung co.,ltd. (Jiuyang) as of September 30, 2024...
JS GLOBAL LIFE: ANNOUNCEMENT ON THE THIRD QUARTERLY REPORT OFJOYOUNG CO., LTD. FOR THE THIRD QUARTER ANDFOR THE FIRST THREE QUARTERSENDED SEPTEMBER 30, 2024
UBS Group: Mainland Internet industry cooperation to promote revenue and profit margin growth, expected industry P/E growth ratio rise to 1.3 times.
UBS Group's China internet research director Fang Jincang stated that participants in the mainland internet industry have been relatively optimistic about the industry's outlook in recent weeks. He explained that although macro policies continue to be implemented, it will take some time for consumer confidence to recover, but various departments at the central level are coordinating to stimulate the mainland economy.
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