Hong Kong stocks are moving | Nongfu Spring (09633) rose nearly 3% in the afternoon. The company's market share still has room for improvement, and institutions remain bullish on the doubling growth of Dongfang Shuye.

Nongfu Spring (09633) rose nearly 3% in the afternoon, as of the time of writing, it increased by 2.48%, reported at 31 Hong Kong dollars, with a transaction volume of 0.163 billion Hong Kong dollars.

Zhitong FinanceNov 15 01:09 ET

Zheshang Securities: Offline retail in 24Q3 declined year-on-year but improved month-on-month. Dining channels are still undergoing repairs.

In the third quarter of 2024, the growth rate of mainstream products was 0.17%, a decrease of 5.40 percentage points. In terms of sectors, the segments that performed relatively well in the third quarter of 2024 were leisure snacks and condiments.

Zhitong FinanceNov 13 03:50 ET

Is There An Opportunity With Nongfu Spring Co., Ltd.'s (HKG:9633) 24% Undervaluation?

Simply Wall StNov 7 18:42 ET

Debang Securities: Differentiation in the food and beverage sector's financial reports in the third quarter, Maotai (600519.SH) prices hit bottom and rebounded.

In the third quarter, the performance of liquor enterprises generally slowed down, with channels releasing pressure to build up momentum for next year. The long-term logic of various sub-sectors of mass market remains unchanged, and it is recommended to focus on symbols with performance exceeding expectations.

Zhitong FinanceNov 5 01:14 ET

Hong Kong Shares Rise 1.1% Amid Positive Sentiment -- Market Talk

WSJNov 4 22:42 ET

[Brokerage Focus] Guosheng Securities first initiates a 'buy' rating on Nongfu Spring (09633), indicating that the company has built a strong barrier through brand power.

King's Wealth Financial News | Guosheng Securities released research reports, nongfu spring (09633) achieved revenue of 42.667 billion yuan in 2023, a year-on-year increase of +28.36%; achieved attributable net profit of 12.079 billion yuan, a year-on-year increase of +42.19%. Among them, the packaged water business/three major beverage businesses account for revenue proportions of 47%/49%, with year-on-year increases of +11%/+55% respectively. The beverage revenue scale has exceeded packaged water for the first time, achieving high growth driven by dual engines. The bank continues to point out that the company has built brand barriers through long-term promotion, consumers trust highly, and its leading position is solid. Regarding packaged water, although influenced by public opinion.

Jingu Finance NewsOct 28 03:48 ET