China reports surge in home appliance sales under trade-in program
The ongoing trade-in program for home appliances has led to a surge in sales revenues which topped 33.5 billion yuan ($4.78 billion) since August, the latest data from the Ministry of Commerce (MOC) showed.
Read More →China's Home Appliance Exports Rise 14.7% in First Eight Months
Home appliance exports from China jumped 14.7 percent in the first eight months from a year ago, driven mainly by Chinese companies' global expansion and higher external demand, which, however, may weaken.
Home appliance giant Midea Group debuts on Hong Kong market
Home appliance giant Midea Group went public on the Hong Kong stock market on September 17.
Chinese companies make an impression at Berlin trade show
Chinese tech companies are making a strong impression at this year's IFA Berlin, Europe's largest consumer electronics trade show, with prominent exhibition spaces and ads from leading home appliance brands greeting attendees at the trade fair entrance.
Hisense Home Appliances’ overseas white goods business revenue grew by 36.91% YoY in H1 2024
Hisense Home Appliances released its semi-annual report for 2024 on August 30, stating that during the reporting period, the company’s revenue increased by 13.27% year-on-year, and the net profit attributable to the parent company rose by 34.61%. In the first half of 2024, Hisense Home Appliances’...
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