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Hong Kong stocks movement | Dining stocks mostly rose in the morning as the State Council executive meeting discussed measures to boost consumer-related work. Focus on the sector's terminal demand recovering.
Most Dining stocks rose in the morning session. As of the time of writing, JIUMAOJIU (09922) increased by 8.33%, reporting at 3.12 Hong Kong dollars; Hailunsi (09869) rose by 5.26%, reporting at 2.2 Hong Kong dollars; Xiaocaiyuan (00999) increased by 4.21%, reporting at 10.16 Hong Kong dollars; XIABUXIABU (00520) rose by 2.15%, reporting at 0.95 Hong Kong dollars.
Debon Securities: Policies emphasize boosting Consumer and focus on the subsequent demand recovery.
The bank recommends focusing on leading companies in sectors that have strong control over upstream and downstream supply chains, channels, and products amid fundamental changes, as well as sectors where year-round profits are likely to exceed expectations due to cost advantages.
After ten years of going public, becoming a penny stock! Why is Dining so difficult?
There are no winners.
BEST FOOD HLDG (01488.HK): Zuo Ping has been appointed as an independent non-executive Director.
Gelonghui reported on December 13 that BEST FOOD HLDG (01488.HK) announced that, starting from December 13, 2024, (i) Zhuoping has been appointed as an independent non-executive Director, member of the audit committee and member of the nomination committee; (ii) Xing Jiawei has resigned as an independent non-executive Director; and (iii) Luo Weiren, independent non-executive Director, has been appointed as a member of the remuneration committee.
Hong Kong stocks moved differently | Dining stocks rose in the morning as significant meetings released Bullish Signals. Dining consumption vouchers help the Dining Industry recover.
Dining stocks rose in the morning session. As of the time of writing, Naixue's Tea (02150) increased by 7.24% to 1.63 HKD; XIABUXIABU (00520) rose by 7.08% to 1.21 HKD; Helen's (09869) climbed by 5.82% to 3.09 HKD; HAIDILAO (06862) went up by 5.18% to 17.46 HKD; JIUMAOJIU (09922) increased by 3.97% to 3.93 HKD.
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.