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.

Jinwu Financial News10:16

Hong Kong stocks closed (December 11) | The Hang Seng Index rose by 1.2%, with the Consumer direction fully exploding, and the CSI SWS Food & Beverage index and Dining sectors leading the gains.

After the Hong Kong stock market opened, it maintained a fluctuating trend, with all three major Indexes rising significantly before noon, and the increase narrowed slightly at the end of trading.

Zhitong FinanceDec 12 16:44

Hong Kong market quick view | All three major Indexes closed higher, with active performance in tech and Brokerage stocks, Xiaomi Group rose nearly 4%, and Guolian increased by more than 9%.

Network Technology stocks increased, XIAOMI-W rose by 3.78%, KUAISHOU-W rose by 2.47%; Dining stocks performed well, HAILUNSI rose by 9.52%, JIUMAOJIU rose by 5.40%; Sporting Goods stocks also performed well, TOPSPORTS rose by 7.78%, XTEP INT'L rose by 3.35%.

Futu NewsDec 12 16:38

[Brokerage Focus] Guoyuan International pointed out that there is a lag in the transmission of policies to boost Consumer confidence, and the sustainability of the Consumer recovery remains to be observed.

Jingwu Financial News | Guoyuan International Research Reports indicate that the consumer market will remain sluggish in 2024, and the fundamentals of the Sector are generally under pressure. After a brief rebound following the government's package policies announced at the end of September, the market fell back. From the beginning of the year to now, the Hang Seng Consumer Sector has fallen by 13.39%, underperforming the Large Cap; the Hong Kong Shenwan CSI SWS Food & Beverage index has seen a cumulative decline of 3.79%, ranking 27th out of 31 first-level Shenwan Industries. Looking at the sub-sectors, from the beginning of the year to now, flavoring and fermentation products, baked goods, soft drinks, snacks, and meat products have achieved positive growth, while Other sub-sectors performed poorly. The report also indicates that on December 9, the Central Politburo will meet to analyze and study.

Jinwu Financial NewsDec 12 15:09

[Hong Kong Stock Connect] MENGNIU DAIRY (02319) rose 7.44%. HTSC pointed out that under policy catalysis, the demand for Dairy Products is expected to improve.

Jinwu Financial News | MENGNIU DAIRY (02319) stock price is rising, as of the time of reporting, it has increased by 7.44%, trading at 18.8 Hong Kong dollars, with a transaction volume of 0.515 billion Hong Kong dollars. In terms of news, HTSC pointed out that looking ahead to 2025, the seven ministries and commissions previously jointly released a notification on consumer policies to stimulate the dairy industry, which is expected to improve the demand for Dairy Products under the catalyst of policies; it is recommended to pay attention to the sales performance during the Spring Festival peak season, as gifting scenarios are expected to boost the demand for high-end liquid milk, and with leading dairy companies anchoring into high-quality development and actively laying out organic and other high-end categories, an improvement in product structure is anticipated. In addition, on October 28, the General Office of the State Council issued the "

Jinwu Financial NewsDec 12 13:13

Expectations for boosting domestic demand have been lifted again! The Consumer Sector in Hong Kong stocks is strong in the short term, with Yueran Muke rising over 15% at one point.

① The Hong Kong stock market's Consumer Sector is strong in the short term, which sub-industries are the most active? ② Expectations for expanding domestic demand are boosting attention, why are Institutions particularly focused on next year's performance?

cls.cnDec 11 15:36