GO
| HSI1 | 25,409.55 | -241.32 | 90.45B |
| HSCEI1 | 8,433.28 | -121.75 | 21.27B |
| Back Zoom + Zoom - Block Traded | |
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2026-09-04 10:39:45 Citi noted that within its China consumer goods coverage universe, 27% of companies reported 1H26 results above expectations, 38% met expectations, and 35% fell below expectations. Although structural trends remain unchanged (including a shift toward experiential/service consumption for emotional value, greater emphasis on health and wellness, the rise of the silver economy, and emerging channels and multi-brand strategies), the broker adjusted its sector preference rankings based on companies' updated outlooks for 2H26. Top picks in consumer staples are MENGNIU DAIRY (02319.HK) and NONGFU SPRING (09633.HK); top picks in consumer discretionary are ANTA SPORTS (02020.HK), MIDEA GROUP (00300.HK) and Atour Lifestyle Holdings Limited (ATAT.US). Stocks with attractive cash returns include MIDEA GROUP (00300.HK), YUM CHINA (09987.HK), HWORLD-S (01179.HK) and YIHAI INTL (01579.HK). If consumer stimulus policies in 2H26 beat expectations, the broker forecast HAIDILAO (06862.HK), LI NING (02331.HK) and CTG DUTY-FREE (01880.HK) to Outperform. ~ AASTOCKS Financial News Website: www.aastocks.com | |