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Hong Kong stocks anomalous movement | Tingyi (00322) surged by more than 3%, leading the beverage stocks. Institutions said that the demand for csi sws food & beverage index is limited to fluctuations and high dividends continue to benefit the stock price
Beverage stocks are rising collectively. As of press time, Tingyi (00322) rose 3.28% to HKD 9.76; U-Presid China (00220) rose 1.71% to HKD 6.56; Nongfu Spring (09633) rose 1.63% to HKD 34.3.
Northbound trading: Net buying of Tencent (00700) amounted to 1.4 billion, while the tracker fund of Hong Kong (02800) was sold off as it experienced net buying of 2.396 billion.
On July 18th, the Hong Kong stock market saw a net purchase of 2.396 billion HKD by mainland investors. Among them, the net purchase through the Shanghai-Hong Kong Stock Connect was 1.674 billion HKD, and the net purchase through the Shenzhen-Hong Kong Stock Connect was 0.722 billion HKD.
Hong Kong Consumer Council clarifies! Nongfu Spring is safe to drink, and its stock price has rebounded for two consecutive days.
Industry competition is becoming increasingly fierce.
Market Chatter: Nongfu Spring Says Hong Kong Consumer Council Report on Bromate Content in Water Inaccurate
Chinese bottled water manufacturer Nongfu Spring (HKG:9633) refuted a report on bromate levels found in its drinking water, Yicai Global reported Tuesday.Nongfu Spring's product that the Hong Kong
【In-depth analysis of financial reports】Both Nongfu Spring and Baishan are struggling with bromate vortex, why have they become difficult brothers?
Author | Wu Ji A total of 3560 words, expected reading time of 10 minutes On July 15th, the Hong Kong Consumer Council released a drinking water test report, which pushed Nongfu Spring and Baishui to the forefront. The report stated that bromate was detected in the products of Nongfu Spring and Baishui, well-known domestic drinking water brands. Ingesting large amounts of bromate can lead to nausea, abdominal pain, vomiting, diarrhea, and in severe cases may affect the kidneys and nervous system. The news has attracted widespread attention online. According to the latest report from Qianjiang Evening News, on the afternoon of July 16, the Hong Kong Consumer Council responded to confirm that it had received one of the tested samples.
Why did nongfu spring drop 30% in two months?
Price war in the drinking water industry is becoming more and more intense.
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