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Express News | The Financial Regulatory Administration: Assisting in boosting Consumer and supporting the expansion of bulk consumption, service consumption, and new types of consumption.
In the "Great Agency," CICC: Consumer encouragement policies are expected to continue to increase. It is recommended to pay attention to ANTA (02020.HK), HAIER SMARTHOME (06690.HK), YUM CHINA (09987.HK), HAIDILAO (06862.HK), MINISO (09896.HK), Old Shop Go
CICC released a report indicating that the central economic work conference will prioritize boosting Consumer spending, and it is expected that policies to encourage Consumer spending will continue to increase, thereby driving a faster recovery in consumption. It is recommended to pay attention to leading stocks in various Consumer sectors, including Kweichow Moutai (600519.SH), Anta (02020.HK), HAIER SMARTHOME (06690.HK), H World Group-S (01179.HK), YUM CHINA (09987.HK), HAIDILAO (06862.HK), MINISO (09896.HK), Yonghui Superstores (601933.SH), and Laoshan Gold (06181.
Dining stocks are generally under pressure, with Helen's (09869) down 8.65%. Goldman Sachs pointed out that the same-store sales in the Dining industry continued to be weak in November.
Jinwu Financial News | Dining stocks are generally under pressure. As of the time of writing, Helens (09869) is down 8.65%, JIUMAOJIU (09922) is down 5.85%, Nayuki's tea (02150) is down 4.76%, XIABUXIABU (00520) is down 4.13%, and HAIDILAO (06862) is down 2.27%. On the news front, Goldman Sachs' Research Reports indicate that same-store sales in the Dining industry continue to be weak in November, with variable demand. Regarding policy stimulus, the bank has observed that more cities/provinces have introduced consumer vouchers for Dining, but it believes the impact varies by brand and region, and the companies covered by the bank.
The CSI Consumer 360 index sector is under pressure as MENGNIU DAIRY (02319) falls by 4.59%. Institutions indicate that there is a lag in policy transmission, and the sustainability of consumer recovery remains to be observed.
Jinwu Financial News | The CSI Consumer 360 index Sector is generally under pressure, as of the time of writing, MENGNIU DAIRY (02319) has fallen by 4.59%, CHINA RES BEER (00291) has dropped by 4.13%, NONGFU SPRING (09633) has decreased by 3.31%, and HAIDILAO (06862) has declined by 3.41%. On the news front, Guoyuan International released a Research Report indicating that the consumption market will be weak in 2024, putting pressure on the Sector's fundamentals. After a brief rebound following the government's comprehensive policy rollout at the end of September, the market has retreated. Year-to-date, the Hang Seng Select Consumer Sector has fallen by 13.39%, underperforming the Large Cap; the Hong Kong Stock Shenwan Food & Beverage Index has seen a cumulative decline of 3.7.
Express News | China Securities Co., Ltd.: With the intensification of policy stimulus, the cyclical Dining chain is expected to be the first to benefit from the improvement in expectations.
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
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