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TAI HING GROUP: ANNUAL REPORT 2024
Hong Kong stocks are moving unusually | Dining stocks are rising across the board as multiple regions plan to introduce special action plans to boost consumer spending. In March, the growth rate of dining retail sales accelerated.
Dining stocks are rising across the board. As of the time of this report, YUM CHINA (09987) is up 8.36%, trading at 360.2 Hong Kong dollars; XIABUXIABU (00520) is up 6.15%, trading at 0.69 Hong Kong dollars; Naixue's Tea (02150) is up 5.26%, trading at 1 Hong Kong dollar; JIUMAOJIU (09922) is up 2.71%, trading at 2.65 Hong Kong dollars.
A package of policies to expand domestic demand is on the way! Guangdong, Shanghai, and other regions are planning to introduce the "Special Action Plan to Boost Consumer Spending."
According to Securities Times reporters, multiple regions are preparing to launch a new round of stimulus policies.
Where is the safe haven under the tariff war? Wall Street has found a "paradise": Asia Consumer stocks.
① Goldman Sachs and Morgan Stanley's strategists both recommended the Consumer Sector in Asia in their report published after the tariff war on April 2, urging investors to shift to defensive positions; ② Fidelity International specifically stated that the company has made a Buy on Chinese consumer stocks that had previously been affected, betting that these companies will benefit from stimulus policies.
Deloitte: A combination of policies effectively stimulates Consumer, with significant acceleration in the growth rate of total retail sales of consumer goods by early 2025.
Since September of last year, driven by policy support that has boosted market confidence, the Consumer market in China has shown positive changes.
Dining stocks have stopped declining and stabilized, with Naixue's Tea (02150) rising 5.77%. Institutions are Bullish on the steady recovery of Consumer activities and structural investment opportunities in 2025.
Golden Finance News | Dining stocks have stopped declining and stabilized. As of the time of writing, Nayuki's Tea (02150) is up 5.77%, Helen's (09869) is up 4.09%, HAIDILAO (06862) is up 3.08%, TAI HING GROUP (06811) is up 3.03%, CAFE DE CORAL H (00341) is up 2.18%, and JIUMAOJIU (09922) is up 1.39%. On the news front, HTSC pointed out that the introduction of concentrated policies forms a combination of "boosting demand + supply innovation + optimizing the environment," which is Bullish for restoring Consumer confidence and capability. HTSC believes that policies such as "trade-in for a new one" and maternity subsidies are effective.