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🚀 Hong Kong's New Consumer Sector Gains Momentum

Hong Kong's new consumer sector experienced a notable upswing as several stocks showed significant gains. According to Jin10, Pop Mart International Group (09992.HK) led the charge with an increase of over 4%. Other companies such as Gu Ming (01364.HK), Lao Pu Gold (06181.HK), Blue Orca (00325.HK), Weilong (09985.HK), and Mixue Group (02097.HK) also followed suit with upward trends in their stock prices.

#HongKong #consumersector #stocks #PopMart #GuMing #LaoPuGold #BlueOrca #Weilong #MixueGroup #stockgains
🚀 Hong Kong's New Consumer Sector Shows Mixed Performance

Hong Kong's new consumer sector experienced varied movements in the stock market. According to Jin10, Blue Moon Group Holdings Ltd (00325.HK) saw a decline of nearly 4%, reaching a historic low. Meanwhile, Mixue Group (02097.HK) dropped over 3%. In contrast, Gu Ming (01364.HK) and Ming Ming Hen Mang (0178.HK) both rose by approximately 2%.

#HongKong #consumersector #stockmarket #BlueMoonGroup #MixueGroup #GuMing #MingMingHenMang
🚀 STOCKS | Hong Kong Tea Beverage Stocks Rise Amid Market Volatility

Hong Kong's tea beverage stocks experienced a notable rise amid market fluctuations. According to Jin10, Cha Baidao (02555.HK) saw an increase of over 7%, Mixue Group (02097.HK) rose by more than 5%, Guming (01364.HK) climbed over 4%, and Auntie Shanghai (02589.HK) increased by more than 2%. This upward trend reflects a positive sentiment in the market for these companies.

#Stocks #HongKong #TeaBeverage #MarketVolatility #ChaBaidao #MixueGroup #Guming #AuntieShanghai #StockRise #MarketTrends
🚀 Daiwa Raises Gu Ming's Target Price to HKD 36

On April 13, according to Jin10, Daiwa released a research report raising the target price of Gu Ming (01364.HK) from HKD 35 to HKD 36, maintaining a 'buy' rating. This corresponds to a forecasted price-to-earnings ratio of 22 times for 2026. Daiwa noted that Gu Ming's takeaway proportion has decreased from a peak of 60% in the third quarter of last year to below 50%. The management expects this trend to continue, aiming to improve franchisee profitability through initiatives such as dine-in promotions, extending morning business hours, and increasing coffee sales. The firm has also raised its earnings per share forecast for Gu Ming from 2026 to 2028 by 6% to 12%.

#Daiwa #GuMing #TargetPrice #HKD36 #BuyRating #FranchiseeProfitability #EarningsForecast #TakeawayProportion #CoffeeSales #MorningBusinessHours