Stock market updates: Hong Kong's dining and alcoholic beverages sector are strong, with Helen's up 16% and zjld up 8%. The Ministry of Commerce will introduce new policies in the consumer sector.
The Hong Kong dining sector showed strong performance in the morning session, with Helen's up by 16.38%, Jiumaojiu up by 14.36%, and Xiabuxiabu up by 9%. The alcoholic beverages sector also strengthened, with ZJLD up by 8%, China Res Beer up by 6%, and Tsingtao Brew up by 4%.
Express News | Alcoholic beverage stocks in the Hong Kong stock market collectively strengthened, with zjld up nearly 7%, china res beer up over 5%, tsingtao brew, and bud apac up more than 3%.
Futu Morning Post | Citigroup strategist talks about the 'Trump winning trade', a good opportunity to profit from the surge in US stocks; AI capital spending continues to expand! Microsoft, Meta both fell after hours.
USA Treasury Department's heavyweight quarterly refinancing announcement: Maintain long-term bond auction scale and guidance unchanged; the U.S. presidential election is undecided, the dollar hedging cost has risen to the highest since 2022; it will impact 3000 dollars next year! Goldman Sachs raises gold price expectations, stating that central bank demand expectations have quadrupled.
One-week lookahead | Heavyweight financial reports coming! Technology giants such as apple, microsoft are unveiling one after another; USA economic data bombardment one after another! Non-farm payroll report finale on Friday.
Multiple countries will announce their GDP for the third quarter, with the USA's economy expected to achieve an annualized growth rate of 3.3% in the third quarter; Bank of Japan interest rate decision: expected to maintain short-term interest rates unchanged, gradually reducing the scale of bond purchases.
China Resources Beverage officially listed on the Hong Kong Stock Exchange: The first-day increase reached 15.03%. "Innovative momentum" adds to long-term growth.
In fact, CR Beverage, holding the "Yibao" brand and achieving an annual revenue of over one hundred billion, is not satisfied with the super large single product purified water, but is expanding its layout in the beverage field, and has extended to promising tracks such as tea, fruit juice, functional beverages, etc. The beverage business is expected to become a new engine for the company's performance growth in the future.
Boosting the heat with top sports events, the non-alcoholic beer global market is smoothly advancing.
The millennials are playing a leading role in driving the growth of non-alcoholic consumer consumption, and this role continues to strengthen.