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Haier Founder Zhang Ruimin Steps Down as ChairmanZhang volunteered not to participate in the nomination of new directors. Zhou Yunjie was elected as the new chairman of the board and appointed as CEO. Liang Haishan was appointed as president. During Zhang’s 37-year stint at Haier, the firm has grown from a Qingdao refrigerator factory with a sale revenue of only CNY 3.48 million but a deficit of CNY 1.47 million in 1984 to a global enterprise with a worldwide sale of more than CNY 300 billion and a pre-tax profit of more than CNY 40 billion in 2020. According to the Qingdao-based firm, Zhang proposed a management model called Rendanheyi in 2005, which has 'become a trend during the era of Internet of things.' As a legend in China's household appliance industry, Zhang, known as the 'godfather of Chinese management,' has been selected as one of the 50 most influential global management philosophers. In September 2021, Zhang and Eric Cornell, president of the European management development foundation, jointly signed the first international certification of innovative management, signifying that the Chinese enterprises have created the first international standard of management mode. Consequently, Haier pioneered a new inheritance mechanism, enabling the company to keep evolving after transforming from its bureaucratic model into a self-driven enterprise. Zhang was also among the 100 Chinese who were awarded the medals of reform pioneers during a grand gathering in December 2018 to mark the 40th anniversary of the country's reform and opening-up.
HKEX:6690
by EqualOcean
Lenovo Group's Net Profit Reached CNY 222.5 Bn in 2021 H1Hong Kong stocks of Lenovo Group fell by 0.35% to HKD 8.47/share, with a total market value of HKD 102 billion. Lenovo Group has three major business groups, namely the intelligent equipment business group (IDG), the infrastructure solution business group (ISG), and the solution service business group (SSG). The 2021 H1 financial reports for the Lenovo group are as follows: - Revenue was USD 34.8 billion, a 24.87% year-on-year increase. - Net income was USD 978 million, an 87% year-on-year increase. - IDG's revenue reached USD 30 billion, an increase of 24.14% year-on-year, with USD 2.3 billion in net profit. - ISG's revenue was USD 3.8 billion, an increase of 23.57% year-on-year, with USD 16.9 billion in net loss. - SSG's revenue recorded USD 2.5 billion, an increase of 33.39% year-on-year, with USD 548 million in net profit. The six months performance period ended September 20, 2021, are as follows: - R&D expense was USD 948 million, accounting for 2.72% of revenue. - SG&A expense was USD 3.3 billion, accounting for 9.44% of revenue. The 2021 Q2 performance are as below: - Revenue was USD 17.9 billion, a 23.07% year-on-year increase. - Net income was USD 512 million, a 65.16% year-on-year increase.
HKEX:992
by EqualOcean
11
JICPT| Tencent likely to retest the gap zone again ahead EarningHello everyone. Two months ago, I've published a post titled ' Tencent completed retest, ready to challenge gap! '. Yep, I'm right about the challenge, however, it failed to firmly close above the grey zone. Now, I'd like to revisit Tencent again as the earning repor t is coming out 6 days later. Let's have a look at the daily chart. Firstly, the uptrend line has been respected well with higher high structure created. The problem is that it failed to retest the previous high formed in the grey gap zone area. So it may face selling pressure above $500. Let alone the coming down long-term moving average lines in red color. I guess Tencent will consolidate for a while before the earning report. The possibility of taking out the recent high is very low. If the report is better than expected, buyers is likely to be excited to rush in and push the price conquer the grey zone. Let's wait and see.
HKEX:700Long
by JICPT
Increase in Revenue with Decreasing Net Profit GM Motors Q3 2021The automaker has been expanding its global layout during the past quarter of 2021 and has entered the Egyptian, Bruneian and European markets. During the third quarter, Great Wall Motor announced its target of selling 1 million vehicles overseas in 2025. The revenue of the firm increased 10.13% year-on-year to CNY 28.86 billion. Operating income was CNY 28.86 billion, a year-on-year increase of 10.13%. Net profit was down 1.72% year-on-year to CNY 1.41 billion. From January to September 2021, the automaker achieved a total operating income of CNY 90.79 billion, a year-on-year increase of 46.11%, and a net profit of CNY 4.94 billion, up 91.13% year-on-year. For the first three quarters this year, Great Wall Motor added that the company witnessed a 29.9% increase in new car sales versus the previous year to 884,000 vehicles. From January to September, GWM sold 98,000 vehicles outside China, soaring 136.3% compared to a year ago, accounting for 11.1% of the company's total vehicle sales. Great Wall Motor's performance in the capital market has also improved significantly. As of the close of October 29, the company's A-share stock price has reached CNY 68, an increase of 82.65% from the closing price on December 31, 2020. The market value of the firm has reached CNY 628.1 billion, ranking second among Chinese automobile companies.
HKEX:2333
by EqualOcean
View on Legend Holdings (22/2)Potential bullish in the making. support zone - 11.76 / 10.55 can look to place limit order at support zone. exit - 15 Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activity
HKEX:3396Long
by imjmesl
Updated
Alibaba 9988.HK 50% retracement & resistance was hard to break Island Reversal has previously been effective and stocks has lead China tech complex $HSITECH $HSTI
HKEX:9988Short
by sunnybe
33
Yuzhou Group Holding China Real Estate A classic H&S near decade old support. below equal extension suggest 0.53 target
HKEX:1628Short
by sunnybe
trade?Do I buy here or wait for the break? This is a bullish harimi but there is definitely going to be some overhead supply coming up
HKEX:1703
by bencameron21
Soho China - Mind the GapUnder tax investigation, the news headline but set up there already for the next leg down to start. Gap down -5.71% #ChineProperty 410.HK
HKEX:410Short
by sunnybe
how is the 3690 trendlooks like it will hit 300 then will back to 255 again soon...
HKEX:3690
by jimzlee2010
Updated
AIA also looks weak but...AIA 1299 cannot break 92 , if break means can go more higher, but it looks weak and it might potentially can drop to 85
HKEX:1299
by jimzlee2010
Bullish towards $560Price of HKEX has been moving within a range and recently get out of the downtrend and resume the upward move once retested the base that is forming at current. Potential target at $560 , and followed by $700 - $725 before another consolidation/healthy retracement. Stop loss by $400 for this setup to be invalid.
HKEX:388Long
by 100dollar
Updated
1810 xiaomi - potentially UP as i look into this counter for few months, xiaomi is worth to take a look and if it still support strongly at 24 and if it break 26, then can go more higher. be patient.
HKEX:1810
by jimzlee2010
Updated
SMIC 981 HKEXIT has potential to price up. Technically its going to up very soon. I think within OCT
HKEX:981
by uuganbayar8802
11
HKEX 1810: XiaomiBeen wanting to pickup Xiaomi for quite a while. This price level seem to offer good risk reward. Near a major support. Multiple tweezer bottoms act as a support too. If possible, can try to pickup near 21.00 to 21.50 and have a quick cut loss near 20.00 - 20.50.
HKEX:1810Long
by kaitokiddo
Updated
HKEX: 992 Lenovo GroupStock as previously in downtrend and then moving sideways. IPO filing came stock rallied. IPO withdrawn and stock dumped. Now price near bottom of channel. Tweezer bottoms. Entry around 7.70 maybe cut around 6.90. Looking for it to fill the gap.
HKEX:992
by kaitokiddo
Updated
Long- 9618 HK/JD USPotentially a newly formed channel.
HKEX:9618Long
by RalphPB
Updated
1799.HKEX_Retracement Trade_LongENTRY: 22.30 SL: 18.25 TP1: 27.40 TP2: 31.30 - ADX<20. Would like to be higher. - RSI>50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD -ve - Retraced to 50% fib level each time and seems to react positively at that area. - 13 Jul, 5 Aug and 2 Sep shows buyers in control with higher average volume on green candles and low volume on retracement. - 6-11 Oct looks like volume dry up and maintained above HVN.
HKEX:1799Long
by TRADER-WANNA-BE
HKEX: 9633 Nongfu SpringHKEX:9633 Nongfu Spring just IPO-ed about a year ago. So not much historical data to work on. But after a huge rally, settled to trade in a range since Mar 2021. The $10 range of 47 to 37 range has been tested 3 times so far. We are approaching the bottom of the range once more. Buying near $37 to take profit near the top of the channel, and risking maybe $1 - 2 to cut at $35 seems viable
HKEX:9633
by kaitokiddo
Ping An 2318My first wyckoff distribution prediction got success, but now what? Is it gonna directly start accumulation?
HKEX:2318
by BtNd
3690 mei tuan3690 meituan, resistant strong at 300 and support strong at 258 , so slightly will fluctuate and sideway around this two level lets see
HKEX:3690
by jimzlee2010
view on JD.com HKnow is a rebounce and it will hv strong resist at 338 and then back to 292 , potentially. then will move up again.... let see how
HKEX:9618
by jimzlee2010
11
China is here already for 5000 years. Are you gonna bet against?You're simply a fool if you don't long the dips or shorting evolution because of fear and manipulations. Investors are paid to worry.
HKEX:700Long
by WagsCapital
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…999999

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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