Gree Electric Appliances said it is increasing resource allocation and consumer-facing subsidies for its home air‑conditioner trade‑in program. Old units of any brand qualify. Wall‑mounted units: Gree‑brand trade‑in credit 400–600 yuan/unit, other brands 330–500 yuan/unit. Floor‑standing/cabinet units: Gree‑brand 800–1,200 yuan/unit, other brands 700–1,000 yuan/unit. Eligible consumers can also claim a 15% national subsidy (cap 1,500 yuan/unit). Combined, discounts can cut the purchase price by

By the morning session close, China’s main futures contracts were mixed. Container freight to Europe plunged over 5%; red dates, Shanghai silver and glass fell more than 2%; lithium carbonate slipped about 2%; live hogs, platinum and coated paper were down over 1%. On the upside, LPG rose over 2%; rapeseed oil and stainless steel (SS) gained nearly 2%; propylene, styrene (EB), soybean No.2 and plastics (including the monthly-average plastics contract) were up more than 1%.

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