The recovery in same-store sales and potential acquisitions are the main catalysts for Gaoxin retail.
The Zhitong Finance App learned that DBS released a research report stating that it maintained the “buy” rating of Gaoxin Retail (06808), and the target price was raised from HK$2.6 to HK$3.1 due to the recovery in same-store sales and potential acquisitions as the main catalysts. According to DBS, Gaoxin Retail is boosting profit margins by optimizing product portfolios and effectively controlling costs.
According to the report, Gaoxin Retail is the largest comprehensive supermarket operator in China. The company positions its large comprehensive supermarket as a community center to meet consumer needs, while Superstores (Superstores) deepens market penetration by focusing more on lifestyle products. Thanks to its own apps and third-party platforms such as Meituan, Jingdong and Douban, Gaoxin Retail's online channel (currently accounting for about 30% of sales) continued to perform well, and recorded an increase in same-store sales in the first half of FY2025.
