Guangdong Giants Huawei, Gree, TCL Are Moving to Sichuan. Is China Relocating Its Capital for War?
Guangdong Giants Huawei, Gree, TCL Are Moving to Sichuan. Is China Relocating Its Capital for War?
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On October 17, China's A-shares market experienced a shocking event that stunned everyone. The SSE Composite Index fell below 3,200 points, causing widespread panic. Yet, against this downturn, stocks related to the "Chuan-Yu Concept" (representing Sichuan and Chongqing) surged unexpectedly. What led to this sudden rise? The answer lies in two major developments that shook the market: the "massive relocation in Sichuan" and the "migration of thousands of factories from Guangdong to the west."
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