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Jefferies Expects 6.8% Rise in Nongfu Spring's H1 Net Profit
Brokers Rush to Cut Stock Targets on Nongfu Spring Given Selloff
Forbes has released the "2024 China's Best CEO" list, and Miniso's Ye Guofu has been listed for the first time.
On the afternoon of July 22, Forbes China announced the list of "Best CEO in China 2024," with the founder and board chairman and CEO of Miniso, Ye Guofu, ranking on the list alongside outstanding entrepreneurs such as Lei Jun, founder of Xiaomi, Wang Chuanfu, founder of BYD, and Zhong Shanshan, founder of Nongfu Spring. According to the list, multinational operation capability has become an important indicator for measuring the performance of Chinese CEOs. With his unique innovative management concepts and precise insight into market trends, Ye Guofu has led Miniso to achieve remarkable results on the global stage.
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.
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