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Express News | BOSSINI INT'L: Longyue Consumer privatization company plans to delist at a low position after the market closes on March 17.
HAITONG SEC Textile Outfits Industry 2025 Annual Strategy Report: Steady Progress and Long-term Vision, Seizing Structural Opportunities.
Since 2024, the willingness to replenish inventory downstream has been good, coupled with a lower base from the same period last year, resulting in significant improvements in revenue. Along with an increase in orders and a continuous rise in capacity utilization, the profit elasticity continues to be released.
[Brokerage Focus] Goldman Sachs: Hong Kong's Retail Trade had poor performance in November, with sales figures and performance of various categories varying.
Goldman Sachs Research Reports indicate that in November, Hong Kong's retail sales value, seasonally adjusted month-on-month, decreased by 0.6%, while retail volume increased by 0.3%. Among the main categories, sales of 'jewelry, watches, and luxury gifts' saw the highest growth, while sales of durable consumer goods experienced the largest decline. Year-on-year, the sales value saw a significant drop of 73%, marking a considerable widening from the -2.8% seen in October. In terms of retail sales value, November saw a year-on-year decline of 73%, with Goldman Sachs' seasonally adjusted month-on-month growth at -0.6%, compared to +1.4% in October. Sales value growth varies across different categories.
Hong Kong stock midday review | All three major Indexes have risen! Tech stocks and Golden Industrial Concept perform strongly, Xiaomi rose over 5%, and Laopu Gold increased by over 3%, with stock prices reaching new highs during the session.
Most Network Technology stocks rose, with XIAOMI-W up by 5.59% and SENSORY-W down by 3.55%; Hong Kong Retail Stocks weakened, with BOSSINI INT'L rising by 5.61% and PRADA falling by 4.45%; semiconductor stocks generally increased, with CONTEL up by 11.11% and HG SEMI down by 3.33%.
Bossini Independent Board Committee Endorses Takeover Proposal From Viva Goods
In Hong Kong, the total value of retail trade sales in November 2024 is estimated to be 31.7 billion HKD, a year-on-year decrease of 7.3%.
On January 2, the Census and Statistics Department of the Hong Kong government released the latest sales figures for the Retail Trade.