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Europe's Heat Wave Could Lift Midea's Q2 AC Sales Over 20%

Midea Group (MGCLY), a Foshan-based Chinese appliance giant, Haier Smart Home (HSHCY), a Chinese appliance maker, and Gree Electric Appliances, another major Chinese appliance manufacturer, could see a timely earnings boost as Europe's late-June heat records pushed households toward portable air co…

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