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<Research>M Stanley: Jiangxi Consumers Enjoy 15% Subsidy on Buying Mobile Phones, Tablets; Other Provinces Expected to Follow; Xiaomi/ Sunny Optical/ AAC TECH/ BYD ELECTRONIC/ Q TECH To Become Key Beneficiaries
The Jiangxi Province announced a subsidy of 15% of the final transaction price of mobile phones and tablets purchased by individual consumers at event merchants, with each subsidy ...
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<Research>M Stanley: Jiangxi Consumers Enjoy 15% Subsidy on Buying Mobile Phones, Tablets; Other Provinces Expected to Follow; Xiaomi/ Sunny Optical/ AAC TECH/ BYD ELECTRONIC/ Q TECH To Become Key Beneficiaries
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The Jiangxi Province announced a subsidy of 15% of the final transaction price of mobile phones and tablets purchased by individual consumers at event merchants, with each subsidy not exceeding RMB1,000, Morgan Stanley released a research report saying.

The broker noted that Jiangxi is the third China's province to announce such a policy, and believed that other provinces may follow the policy.

Related NewsBernstein Raises XIAOMI-W (01810.HK) TP to HKD60, Reiterates Outperform Rating
The subsidy policy will be a short-term positive catalyst for smartphone OEM and supply chain companies, Morgan Stanley added. The broker believed that XIAOMI-W (01810.HK)  +0.650 (+1.224%)    Short selling $353.66M; Ratio 8.783%   , SUNNY OPTICAL (02382.HK)  +2.100 (+3.379%)    Short selling $67.97M; Ratio 10.678%   , AAC TECH (02018.HK)  +1.000 (+2.646%)    Short selling $13.62M; Ratio 14.690%   , BYD ELECTRONIC (00285.HK)  +0.350 (+1.092%)    Short selling $48.64M; Ratio 10.389%   and Q TECH (01478.HK)  +0.190 (+2.888%)    Short selling $492.15K; Ratio 4.520%   will become the main beneficiaries.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-09 12:25.)

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