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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.
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.
Best Food Holding Company Limited's (HKG:1488) 26% Price Boost Is Out Of Tune With Revenues
BEST FOOD HLDG: Interim Report 2024
Easyknit International Cuts Stake in Best Food
Best Food Holding [01488] is now trading at HKD 0.75, with a increase of 15.39%.
As of 11:30, Best Food Holdings [01488] reported a price of HKD 0.75, an increase of HKD 0.1 or 15.39% compared to the previous closing price of HKD 0.65. The trading volume was HKD 0.045 million. The highest price today was HKD 0.75, and the lowest price was HKD 0.75. Based on the closing price yesterday, the 10-day average price was HKD 0.92 and the 50-day average price was HKD 0.94. The current PE ratio is -7.65 times, and the 14-day relative strength index is 29.63.
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