Daihang (Daiwa) expects that POP MART (09992.HK) and others will benefit from WeChat's newly added gifting feature.

According to the research report by Daiwa, the new gift-sending feature on WeChat is expected to boost short-term demand, benefiting categories such as Cosmetic, toys, snacks, and health food. The firm believes that this new feature could have a significant impact on certain Consumer brands during the upcoming Lunar New Year holiday, as it creates new consumption scenarios for young Consumers, likely benefiting POP MART (09992.HK), Proya Cosmetics (603605.SH), and Three Squirrels (300783.SZ). The firm also noted that while the total transaction amount of commodities in WeChat shops remains relatively small, it is expected to grow as we move into 2024.

AASTOCKSDec 20 14:54

Hong Kong Stock Afternoon Review | All three major Indices fell, with the Tech Index down 1%; Network Technology stocks weakened, with SenseTime down over 3%; Cryptos Concept stocks rose against the trend, with BOYAA up nearly 6%.

Network Technology stocks weakened, SenseTime-W fell by 3.23%, XIAOMI-W dropped by 2.23%; most Securities and Brokerage stocks declined, China Merchants fell by 2.96%, China International Capital Corporation dropped by 2.45%; most Apple Supplier stocks declined, TK GROUP HLDG rose by 3.45%, AAC TECH fell by 2.86%.

Futu NewsDec 16 12:19

Hong Kong stocks are moving | POP MART (09992) rose over 3%. Institutions indicate that next year's market focus will still be on boosting consumer spending, and the demand for optional consumption will further enhance the need for innovation.

POP MART (09992) rose over 3%, as of the time of writing, it is up 2.21%, priced at 95 Hong Kong dollars, with a trading volume of 0.207 billion Hong Kong dollars.

Zhitong FinanceDec 16 10:54

The Ministry of Commerce and six other departments jointly issued the "Implementation Plan for the Innovation and Enhancement Project of the Retail Trade."

The National Ministry of Commerce and seven other departments jointly issued the "Implementation Plan for the Innovation and Improvement Project in the Retail Trade." The plan deploys tasks in five areas. It promotes scene transformation, encourages integrated business, innovates fashionable business, advocates curated business, cultivates themed business, and enhances community business. It promotes quality supply, focuses on consumers, operates with integrity, prioritizes quality, and provides excellent service to optimize commodity and service experiences. It promotes digital empowerment, drives the deep integration of physical retail with the digital economy, forms new productive forces, enhances efficiency, and makes consumption more convenient. It promotes diversified innovation, encourages the integration of business types, and aims for "large and strong" or "small...

AASTOCKSDec 16 08:56

The China Consumer Association urges mainland Chinese youth to consume wisely and be cautious of consumer traps.

The China Consumer Association today (13th) issued consumer advice, stating that in recent years, the "Commodity Circle" market has developed vigorously, while also presenting problems such as inducing minors to engage in impulsive consumer behavior, lack of regulation in private domain Trade, difficulties for victims in protecting their rights, and criminals taking advantage of the situation to commit fraud. It reminds minors to consume commodities rationally and to be wary of consumer traps. The so-called "Commodity" is a transliteration from the English word "Goods," referring to peripheral products related to copyrighted works such as comics, animations, games, and idols. The behavior of purchasing these products is referred to as "consuming commodities," and those who purchase "commodities" gather together to communicate and Share, forming the "Commodity Circle." According to reports, the "Commodity Circle" has developed...

AASTOCKSDec 13 17:46

Major bank rating丨Bank of China International: The preferred stocks in the CSI China Mainland Consumer Index are ANTA, SHENZHOU, HAIER SMARTHOME, Ctrip, and POP MART.

On December 13, Gelonghui reported that CMB International stated that due to the long-term impact of the COVID-19 pandemic on the economy, consumers have become more cautious this year. Fortunately, the government has begun addressing local government debt issues and taking measures to stimulate consumption. The bank believes that next year, the market's focus will still be on how and when the government will introduce policies to boost consumption. The bank pointed out that although there are still growth opportunities in the domestic market, the demand for innovation in the discretionary consumption Industry will further increase. At the same time, overseas markets may become readily available opportunities for leading Chinese companies. The top choices in the CSI China Mainland Consumer Index are Anta, Shenzhou, and HAIER SMARTHOME.

Gelonghui FinanceDec 13 14:33 · Ratings