Morgan Stanley: Jiangxi Consumers purchasing mobile phones and tablets enjoy a 15% subsidy, and other provinces are expected to follow, with companies like Xiaomi Group being the main beneficiaries.

Sina Hong Kong stocks · Dec 13 12:40

Morgan Stanley released a research report stating that Jiangxi Province announced a subsidy of 15% of the final Fill Price for individual consumers purchasing Smart Phones and tablets from participating merchants, with each subsidy not exceeding 1,000 yuan RMB. The bank pointed out that Jiangxi is the third province in the mainland to announce such a policy and believes other provinces may follow suit.

The bank stated that the subsidy policy would serve as a short-term Bullish catalyst for Smart Phone OEM production and the supply chain, believing that Xiaomi Group (01810), Sunny Optical (02382), AAC TECH (02018), BYD Electronics (00285), and Q TECH (01478) will be the main beneficiaries.

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大摩：江西消费者买手机及平板享15%补贴料其他省份跟随 小米集团等成主要受益者

Morgan Stanley: Jiangxi Consumers purchasing mobile phones and tablets enjoy a 15% subsidy, and other provinces are expected to follow, with companies like Xiaomi Group being the main beneficiaries.

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大摩：江西消费者买手机及平板享15%补贴料其他省份跟随小米集团等成主要受益者