[Special Contributor] Deng Shengxing: The USA policy takes another step, the Hong Kong stock market may experience more fluctuations.

Gold News | The Hang Seng Index closed at 21,056 on Tuesday (16th), down 409 points or 1.9%. The total market turnover for the day was 219.9 billion yuan. The National Index fell 203 points or 2.6%, closing at 7,779. The Technology Index plummeted 185 points or 3.7%, ending at 4,796. Alibaba (09988) dropped by 4.1%; Meituan (03690) fell 8.1%, making it the worst-performing blue chip. With rising risk aversion, gold prices continued to rise, with New York futures gold surpassing the $3,300 per ounce mark for the first time. Gold mining stocks continued to surge, with Chifeng Jilong Gold Mining (06693) soaring by 21.2%; the Dow Jones also on Tuesday (16th)

Jingwu Financial NewsApr 16 21:01 ET

NONGFU SPRING (09633) nominated Gu Chaoyang as a candidate for independent non-executive Director.

NONGFU SPRING (09633) announced the appointment of Mr. Stanley Yi Chang to fill the vacancy left by his resignation...

Zhitong FinanceApr 15 09:46 ET

Investor Optimism Abounds Nongfu Spring Co., Ltd. (HKG:9633) But Growth Is Lacking

Simply Wall StApr 11 21:23 ET

【Brokerage Focus】Soochow initially rates NONGFU SPRING (09633) as "Buy", being bullish on its long-term value as a leading quality brand.

Jinwu Financial News | Soochow Research Reports indicate that NONGFU SPRING (09633) is the leader in China's soft drink market, developing with dual engines of packaged water and beverages. In terms of fundamentals: the demand for packaged water is high-frequency and the penetration rate is still in the process of improvement. From 2018 to 2023, the CAGR of China's packaged water market is approximately 7%. In a horizontal comparison, the per capita consumption in China in 2023 is significantly lower than that of the US, Japan, and South Korea. With the expansion of scenarios and the increase in per capita consumption, there remains growth potential in the market size. The beverage market is steadily expanding, and the prosperity of segmented tracks continues. According to Analysys Consulting, from 2018 to 2023, the CAGR of China's beverage market size is 4.0%.

Jinwu Financial NewsApr 11 00:20 ET

Hong Kong stocks are moving differently | CSI SWS Food & Beverage stocks rose in the afternoon, with U-PRESID CHINA (00220) up over 4%. Institutions stated that the expansion of domestic demand policies is expected to continue to be implemented.

The CSI SWS Food & Beverage stocks rose in the afternoon. As of the time of writing, U-PRESID CHINA (00220) is up 4.01% at 9.08 Hong Kong dollars; ZHOU HEI YA (01458) is up 3.92% at 2.12 Hong Kong dollars; China Resources Beverage (02460) is up 1.87% at 14.18 Hong Kong dollars; NONGFU SPRING (09633) is up 1.52% at 33.3 Hong Kong dollars.

Zhitong FinanceApr 9 01:53 ET

Goldman Sachs: Initiates a "Buy" rating for the Snowwax Group with a Target Price of 484 Hong Kong dollars.

Goldman Sachs released a research report stating that it initiates coverage of Mixue Group (02097) with a Buy rating, based on a PE of 26 times for 2026, giving a 12-month Target Price of HKD 484. The target PE set by the firm is consistent with the average PE of leading Global peers (including Starbucks and NONGFU SPRING), but is higher than other Dining service companies covered by the firm, given the leading position, faster growth rate, and price advantage of Mixue Ice City. The firm expects that China's largest ready-to-drink beverage (FMD) company, Mixue Ice City Group (Mixue Ice City), will see a compound annual growth rate in sales and adjusted Net income from 2024 to 2027.

Sina Hong Kong stocksApr 8 23:48 ET