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Dining stocks surged in the short term. Helen Group (09869) rose by 20.52%. The Ministry of Commerce stated that new policies in the consumer sector will be introduced.
Jingu Wealth News | Short-term surge in dining stocks, as of press time, Helen's Company (09869) rose by 20.52%, Xiabuxiabu (00520) rose by 6%, Best Food Hldg (01488) rose by 5.26%, Tang Palace China (01181) rose by 4%, Jiumaojiu (09922) rose by 3.27%. On the news front, Sheng Qiuping, Deputy Minister of Commerce, said that the Ministry of Commerce will work with relevant departments to introduce a batch of new policies in the consumer sector. For example, it will soon study and introduce policies to promote the first launch economy, promote the high-quality development of the wholesale and retail trade, and support the pilot of modern commercial circulation systems in 20 cities including shanghai and tianjin.
Cha Baidao (02555) leads the dining sector. Nayuki Tea (02150) rose by 16.55%. Institutions point out that the sector is expected to benefit from both fundamentals and sector sentiment.
Kingwus financial news | Some dining stocks are strong, as of the report, Chabaida (02555) rose by 56.88%, Naixue Tea (02150) rose by 16.55%, Helen's (09869) rose by 7.96%, Tang Palace (01181) rose by 3.92%, Jiumaojiu (09922) rose by 2.06%. On the news side, CCB International pointed out that driven by travel and consumption voucher stimuli, the dining market's performance is impressive. Meituan data shows that in the first 5 days of the National Day holiday, daily dining consumption increased by 33.4% year-on-year; among which nighttime consumption increased by 44.8% year-on-year. On the one hand, various places.
China International Capital Corporation: Significant year-on-year growth in various consumer data during the National Day holiday, with impressive performance in categories such as household appliances, gold, and jewelry.
In 2024, the consumer data for the "Golden Week" have been successively released. Overall, with the strong support of national policies to promote consumption and stabilize the economy, various consumption data during the Golden Week have shown significant year-on-year growth, and also improved compared to the previous period.
TANG PALACE: Interim Report 2024
Tang Palace China (01181) fell 35.90%, now trading at 0.250 yuan, hitting a 52-week low.
As of 09:50, Tang Palace (01181) fell 35.90% compared to the previous closing price, now trading at 0.250 yuan, a 52-week low; volume of 0.02 million shares, turnover of 0.005 million Hong Kong dollars.
Zheshang Securities report: the dining industry is weakly recovering, with many tracks still competing for market share but customer unit price under pressure.
Recently, the dining situation in first-tier cities such as Peking and Shanghai has sparked heated discussions.
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