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haitong int'l: Taotian brand-driven, TikTok gift box bestsellers november 11 shopping festival-related cosmetics leader multi-platform growth
During the november 11 shopping festival-related, Douyin achieved high growth with an increased share of commodity cards; the contribution of the Taotian platform's GMV exceeded 50%, and brand collaboration created additional growth. The growth momentum of domestic products is strong, with leading brands experiencing multiple bursts of activity.
Giant Biological (2367.HK): November 11 shopping festival-related achieves new success, the first team standard in the fermented ginseng powder field is released.
Event: november 11 shopping festival-related shines again, Compreme and Coli Jin's online omnichannel full-cycle GMV increased by 80%+ and 150%+ respectively. Recently, the group standard for "Fermented Ginseng Powder" led by Juzi Biology was officially released. Report Summary
[Brokerage Focus] Zhongyuan International raises target price for BeiGene (02367) by 6.6%, highlighting the impressive online growth of two core brands during the Singles' Day sales.
Kinghood Financial News | CICC research reports that, as the singles' day sales come to a close, the two core brands of JZBio (02367), Kafumei and Keli Jin, show impressive online growth. Kafumei and Keli Jin's online omnichannel GMV increased by over 80% and over 150% year-on-year respectively, both faster than this year's '618' period. Kafumei and Keli Jin saw explosive growth on the Douyin platform, with year-on-year growth of over 100% and over 500% during the singles' day sales. Kafumei's collagen bars continue to experience high growth, with impressive performance from new products. Keli Jin's new product market push is quickly unleashing growth potential. The bank believes that the constantly enriching product matrix will drive long-term brand growth.
CMB International: Maintains a "buy" rating on Genscript Biotech (02367) with a target price of 66.15 Hong Kong dollars.
Zhao Yin International remains bullish on the rapid growth of Juzi Biotechnology's skincare products, expecting injectable collagen products to be approved in Q1 2025.
Haitong International: Good growth in november 11 shopping festival-related cosmetics sales, stable performance under high base of domestic brands.
With the overall recovery of e-commerce sales, the beauty sector performed well in this year's november 11 shopping festival-related.
"Da Hang" china merchants securities: Although the cycle has extended, "Double Eleven" still exceeds expectations. Alibaba (BABA.US) and Juzi Biotech (02367.HK) are the top choices in the industry.
China Merchants Securities stated in research reports that according to industry data, this year's 'Double Eleven' total online sales increased by 26.6% year-on-year, reaching 1.44 trillion yuan. Among them, the sales volume of traditional e-commerce platforms reached 1.11 trillion yuan, a year-on-year increase of 20.1%; the sales volume of live streaming e-commerce platforms reached 332.5 billion yuan, a year-on-year increase of 54.6%. China Merchants Securities indicated that compared to this year's '618' and last year's 'Double Eleven', the growth rate of this year's 'Double Eleven' has slightly improved, although partly due to the extension of the sales period by 7 to 10 days. In addition, the proportion of sales volume of live streaming e-commerce platforms to total online sales, from last year's 'Double Eleven' at 1
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