Tianfeng Securities is optimistic about snack food, stating ...
Tianfeng Securities is optimistic about snack food, stating that with changes in distribution channels, brands that actively embrace change can drive growth. They are also optimistic about the dairy industry, anticipating improved sales performance during the holiday season. Companies like Yanjin Shop, Ganyuan Food, Jinzai Food, Yili Co., Ltd., and Mengniu Dairy have been commended. Attention should be given to new dairy and Miocelanduo. However, vigilance is necessary regarding food safety, epidemic risks, and natural disasters.
Tianfeng Securities: The sales revenue of most food companies increased year-on-year, and consumer spending power is expected to gradually return to pre-pandemic levels.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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