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Morgan Stanley: Midea Group Co., Ltd will focus more on the low-end market to protect its 24-25% market share in mainland China.
Morgan Stanley released a research report stating that Midea Group Co., Ltd (00300) aims to achieve sales growth that exceeds guidance by 10% year-on-year this year, with a stable net income margin. Management indicated that more proactive measures will be taken to protect its overall market share of 24-25% in China. Therefore, there will be a greater focus on the low-end market to ensure profit while further expanding into the high-end market. Meanwhile, the long-term overseas goal is to maintain market leadership, aiming to increase the average overseas market share from the current 4-5% to 15%. The report noted that Midea has identified business opportunities in the United States and has already shipped ahead of schedule in the first quarter.
105369335 : I am Xiaobai, you fell to 80, all in
Seraphicall : it could be for the worse as well
键盘侠是韭菜 : Is there a rate cut now? Then Powell wouldn't be able to handle the situation that blew up in May. Last time there was no rate cut, and this time there is even less reason to cut rates.
057特蓝不靠普 键盘侠是韭菜 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
88888888一路发发发 : Focus on the key points! Singaporeans.
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