Guangdong Giants Huawei, Gree, TCL Are Moving to Sichuan. Is China Relocating Its Capital for War?

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.”Join this channel to get access to perks:
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