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China Business Federation: In February, the Retail Trade prosperity Index in China is 50.1%, stabilizing within the expansion range running.
In February, the Retail Trade Prosperity Index (CRPI) in China was 50.1%, a decrease of 1.0 percentage points compared to the previous month.
[Brokerage Focus] Jefferies points out that MINISO (09896) and most CSI China Mainland Consumer Index stocks can absorb the 10% tariffs imposed by the US on China.
King Wu Financial News | Credit Suisse's research report evaluates the USA's announcement on February 1st to impose a further 10% tariff on imports from China and to update the company list. The report also reiterates its view that tariffs on commodities from China will impact brands, retailers, and consumers in the short term, but over time, companies should be able to absorb the effects, with some companies performing better. However, at this stage, Credit Suisse emphasizes that it is still uncertain whether this marks the beginning of a trade war or whether an agreement will be reached. The firm believes that based on the demand situation and the gross margin of the companies covered, they should be able to handle the 10% tariff well.
Samsonite International S.A. Announces Change of Corporate Name to Samsonite Group S.A.
Samsonite International S.A. Announces Board Composition and Committee Structures
Does Samsonite International (HKG:1910) Have A Healthy Balance Sheet?
Hong Kong stocks movement | SAMSONITE (01910) fell nearly 5% after E Fund reduced its Shareholding by 1.5 million shares. Institutions are bullish on its recovery to positive growth this year.
SAMSONITE (01910) fell nearly 5%, as of the time of writing, it has dropped by 4.91%, priced at 21.3 Hong Kong dollars, with a transaction volume of 19.2812 million Hong Kong dollars.