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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.
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.
Jefferies Adjusts Café De Coral Holdings' Price Target to HK$7.20 From HK$8.37, Keeps at Hold
Brokerage morning meeting highlights: Consumer inclination is expected to rise, selecting four major investment lines.
In today's Brokerage morning meeting, HTSC stated that Consumer preferences are expected to rise, favoring four major investment lines; China International Capital Corporation believes that AI Agents may reshape the Internet ecosystem by taking over mobile phones; China Securities Co.,Ltd. proposed to focus on the implementation and technological breakthroughs of AI models in the eyewear sector.
In the past decade, the number of businesses related to Dining has steadily increased year by year, with a year-on-year growth of 6.25% in the registration volume for the first two months.
Jingu Financial News | According to media reports, this year, the Ministry of Commerce and other departments will hold the "Chinese Food Fair" event, launching over 120 special Dining promotion projects aimed at creating new hotspots for Consumer spending. This event integrates elements such as traditional festivals and peak Consumer seasons, innovating consumption models like "Dining + competitions" and "Dining + movies." According to Statistics, in 2024, China's Dining consumption will reach 5.57 trillion yuan, accounting for over 11% of the total retail sales of consumer goods, becoming the largest category by percentage. Data from Qichacha shows that in the past decade, the stock of related enterprises has steadily increased year by year; as of March 24, there are currently 16 Dining-related enterprises in the country.
How to grasp the main line in a volatile market? Technology and Consumer dual-driven may be key.
Yesterday, the market fluctuated throughout the day, with a single-day transaction volume shrinking by over 200 billion. After experiencing last Friday's significant rise in volume, the Index's decline in volume and retracement is also reasonable, and the subsequent view will still lean towards a fluctuating upward structure.
