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<Research>M Stanley: CN Extension of Consumption Subsidy To Be ST Catalyst for Smartphone-related Stocks
Recommend 24 Positive 42 Negative 21 |
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According to the National Development and Reform Commission (NDRC), China will expand consumption subsidy to more product categories, adding smartphone, tablet and smartwatch and bracelet into the program, Morgan Stanley released a research report saying. The broker believed that consumption subsidy will be a positive short-term catalyst for smartphone OEM and supply chain companies, and that XIAOMI-W (01810.HK), SUNNY OPTICAL (02382.HK), AAC TECH (02018.HK), BYD ELECTRONIC (00285.HK) and Q TECH (01478.HK) could be the key beneficiaries. AAStocks Financial News |
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