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"Institutional" CCB International's investment ratings and Target Price for restaurant stocks (table)
Zhaoyin International released a research report, outlining the investment ratings and Target Price for restaurant stocks as follows: Stock | Investment Rating | Target Price (HKD) Cafe de Coral (00341.HK) | Hold | 9.3 HKD -> 6.52 HKD HAIDILAO (06862.HK) | Buy | 20.2 HKD JIUMAOJIU (09922.HK) | Hold | 2.99 HKD DPC DASH (01405.HK) | Buy | 118.57 HKD Nai Xue's Tea (02150.HK) | Buy | 3.43 HKD XIABUXIABU (00520.
Hong Kong Stock Midday Review | The three major Indexes opened low and rose, with the technology Index closing flat; semiconductor stocks rose, HUA HONG SEMI increased by over 7%; new consumption Concept stocks warmed up, with Lao Pu Gold rising by over 7
Network Technology stocks generally declined, with Alibaba-W down 1.61% and JD-SW down 1.43%; restaurant stocks rose across the board, with Little Garden up 10.73% and DPC DASH up 4.87%; shipping and port stocks rose as well, with PACIFIC BASIN up 20.30% and Dexion Ocean up 5.78%.
Hong Kong stocks movement | DPC DASH (01405) is currently up over 5%. The company is in a period of store expansion and is expected to achieve its annual store opening target.
DPC DASH (01405) is currently up over 5%, as of the report, up 4.74%, at 98.35 Hong Kong dollars, with a transaction amount of 47.0936 million Hong Kong dollars.
China's May Retail Sales Boosted by Trade-in Policies -- Market Talk
Institutional viewpoints: The macro clues behind the "new consumption craze".
Currently, although overall consumption remains insufficient, there are still hotspots in new consumption. The Chinese consumer market shows more characteristics of "consumption stratification" rather than simply "consumption downgrade"; consumers are more willing to pay for "quality low prices" and "justifiable premiums." The country is also in the phase of transitioning from mass consumption to personalized and rational consumption. From the overall perspective, the structural highlights of the consumption market must be based on a macro foundation of overall consumption stabilization. In terms of structure, the consumption willingness, capacity, and consumption characteristics that focus on cost-performance and quality-price ratios in Generation Z are driving the wave of new consumption, while lower-tier cities are currently being dragged down by Real Estate.
Express News | The sales document shows that Domino's Pizza is selling DPC DASH shares at a price of HK$87.00 per share.
