Appreciation Of The Reshuffle Triggered Decompression Household Electrical Appliance Enterprises

Guotai Junan analyst said Wang Zhen, the yuan revaluation will affect the cost of

home appliances business, thereby affecting the profitability of enterprises and home appliance sales. Concentration from the industry, the industry concentration is low impact on the small household electrical appliances will be larger. He said the procurement and sales of RMB appreciation on both ends out of the home appliances manufacturing enterprises have less influence. Meanwhile, the renminbi appreciation on the impact of industry leaders will be less than the impact on SMEs. In the face of high cost, these leading enterprises with strong bargaining power and risk transfer capacity, and those who manage less, weak competitiveness of enterprises will be eliminated.

Appreciation Of The Reshuffle Triggered Decompression Household Electrical Appliance Enterprises

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