[Brokerage Focus] China Merchants: China's domestic consumer demand can become a current safe haven choice for global funds.

Golden Financial News | China Merchants pointed out that the increase in tariffs has temporarily reduced the risk appetite for Global risk Assets and triggered liquidity shocks, which have adversely affected A-shares. In an environment of increased uncertainty and low interest rates, China’s domestic Consumer spending, due to previous stagnation and cheap valuations, could become a safe haven for current Global funds. Analyst Zhang Xia and others stated in a report that for China, the decline in exports to the US and the slowdown in Global demand will drag down export growth, making comprehensive support for domestic Consumer spending a key measure to achieve this year's economic development goals and respond to external shocks. It is expected that fiscal policy efforts will ramp up, as Real Estate stabilizes.

Jinwu Financial NewsApr 6 20:53 ET

Statistics of Capital Trend for Hong Kong Stock Connect (T+2) | March 31

Zhitong Hong Kong Stock Connect Capital Trend | March 31

Zhitong FinanceMar 30 19:30 ET

Jefferies Remains a Hold on Nongfu Spring Co., Ltd. Class H (9633)

TipRanksMar 28 08:16 ET · Ratings

Citi: The recovery trend in the drinking water Business is clear, reiterating the "Buy" rating for NONGFU SPRING (09633).

Citibank is more convinced that NONGFU SPRING's drinking water Business will show a recovery trend in 2025.

Zhitong FinanceMar 28 04:09 ET

【Brokerage Focus】 Southwest Securities maintains a "Buy" rating on NONGFU SPRING (09633), noting that packaged water is under short-term pressure, but recovery during the peak season is expected.

Jinwu Financial News | Southwest Securities released a Research Report stating that NONGFU SPRING (09633) will see a slight year-on-year increase in revenue and Net income in 2024. The packaged water business is under short-term pressure, but core tea beverages continue to grow at a high rate. The company achieved a total revenue of 42.9 billion yuan for the year, an increase of 0.5% year-on-year; the Net income attributable to the parent company was 12.12 billion yuan, an increase of 0.4% year-on-year, with both revenue and profit declining by 6.7% year-on-year in the second half. Business performance by category: packaged water is under pressure, while tea beverage growth has slowed. Specifically, packaged water revenue was 15.95 billion yuan, down 21.3% year-on-year, mainly affected by public opinion events and actions.

Jinwu Financial NewsMar 28 01:37 ET

Nongfu Spring Co., Ltd. Just Missed Revenue By 7.5%: Here's What Analysts Think Will Happen Next

Simply Wall StMar 27 18:51 ET