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Express News | 9 departments including the Ministry of Commerce: speeding up the “going global” of Chinese food
The “hottest in history” Spring Festival holiday is over, and many institutions are optimistic about the 2024 market trend
Many institutions at home and abroad believe that the Chinese economy will recover smoothly in 2024. As employment and income expectations improve, consumption will become the biggest engine of China's economic growth. As far as A-shares are concerned, various industries such as retail, restaurants, cinemas, and tourism are expected to be boosted.
Express News | The catering industry continues to prosper, and “fireworks” rise at an accelerated pace during the Spring Festival holiday
Restaurants were popular during the Spring Festival. The performance of listed companies improved in their annual reports last year. Will the recovery continue this year?
CITIC Construction Investment continues to be strongly optimistic about investment opportunities in the liquor, beer, snacks, and restaurant chains.
Intraday Overview | Hong Kong stocks opened high and went low, the Tech Index fell nearly 2%, Technet and Auto stocks generally fell, and Meituan fell more than 5%
Kewang stocks generally fell, with Bilibili falling more than 5%, Baidu and Tencent falling more than 2%, and NetEase, JD, and Kuaishou falling slightly; restaurant stocks had the highest declines, with Jiumaojiu falling more than 6%, Haidilao falling by more than 5%, and Xiabuxue's tea falling by about 4%.
Express News | Guojin Securities: Continuing to be optimistic about the rational prosperity of domestic tourism and catering
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