[Hong Kong Stock Connect] NONGFU SPRING (09633) rose by 6.7%, selected as one of the first batch of China's Consumer brand name list by the Ministry of Industry and Information Technology.

Jinwu Financial News | NONGFU SPRING (09633) saw its stock price rise in the early trading session. As of the time of reporting, it is at HKD 35.85, an increase of 6.7%, with a trading volume of HKD 0.22 billion. On the news front, according to the Consumer Goods Industry Department of the Ministry of Industry and Information Technology, the first batch of China's Consumer Brand List has been announced. The list includes 93 corporate brands and 43 regional brands. Among them, the number of corporate brands in the food industry reaches as high as 38, while other corporate brands are distributed across the light industry (28), textile industry (14), and pharmaceutical industry (13). The food industry corporate brands are further categorized into "historic classics" and "contemporary excellence," with only 6 belonging to the former.

Jinwu Financial News20:52 ET

Estimating The Intrinsic Value Of Nongfu Spring Co., Ltd. (HKG:9633)

Simply Wall StFeb 14 20:29 ET

Tianfeng's beverage strategy for 2025: Endure until the clouds part and expectations lead the way.

The valuation/emotion of Baijiu(Chinese Liquor) has entered a historical relative bottom Range, Hold Positions of the Fund have hit bottom, it is recommended to focus on two major investment themes.

Zhitong FinanceFeb 12 21:00 ET

China Merchants: Leading Baijiu producers stabilize controlled prices, mass products meet expectations.

Sales during the Spring Festival met pre-holiday expectations, with a slight overall decline, while the mass price segment continues to expand. The leading Baijiu(Chinese Liquor) brand is actively controlling inventory, breaking the inertia of pressure in the Industry.

Zhitong FinanceFeb 10 00:36 ET

[Brokerage Focus] Morgan Stanley: Demand expectations in China's Dining channel are relatively low before the Spring Festival, with differentiated performance across various categories.

Jinwu Financial News | Morgan Stanley recently conducted research on Dealers in northern, eastern, and southern China to understand sales trends before the Spring Festival and goals for 2025. It was found that there are significant differences in market performance across categories, with generally low demand expectations. In terms of Baijiu(Chinese Liquor), the start has been rather weak. Some Dealers of Moutai reported a decline in demand before the Spring Festival of 2025, and non-Flying Moutai series products are facing pricing pressure. However, Flying Moutai remains relatively strong, with differing goals among Dealers in various regions for 2025. For example, a Dealer in the north expects the target for Flying Moutai to remain flat, with double-digit growth for series products. Wuliangye Yibin's target for 2025 is 1.

Jingu Finance NewsJan 26 20:28 ET

Are Strong Financial Prospects The Force That Is Driving The Momentum In Nongfu Spring Co., Ltd.'s HKG:9633) Stock?

Simply Wall StJan 24 19:05 ET