CMB International has assigned a 'market-perform' rating to China's discretionary consumption sector, with a cautiously inclined outlook.

CMB International's research report indicates a 'market in line' rating for China's discretionary consumption sector in 2026, expecting overall retail sales growth of approximately 3.5%, slightly lower than the estimated 4% in 2025. The outlook remains cautious due to more pronounced headwinds than tailwinds, including the tapering of national subsidies and food delivery incentives, slowing export momentum, and job reductions caused by the widespread adoption of AI applications. However, a few positive factors include the delayed timing of the Lunar New Year, extended holidays, potential recovery in the real estate sector, and a buoyant stock market. CMB International forecasts downward pressure on industry stock prices in the first half of 2026, with relatively greater rebound potential in the second half. The firm noted that sector valuations

AASTOCKS34minutes ago

Hong Kong Stock Market Concept Tracker | Policy Catalyst Boosts Ice-Snow Tourism: 'Cold Resources' Accelerating Transformation into 'Hot Economy' (with Related Stocks)

The 'Three-Year Action Plan for High-Quality Development of Ice and Snow Tourism in Liaoning Province (2025–2027)' is open for public comments.

Zhitong Finance07:20

Express News | Information from the Hong Kong Exchange shows that Shine Well (Far East) Limited increased its stake in Anta Sports’ H-shares from 52.97% to 53.17% on December 10.

BreakingsDec 11 17:04

Anta Sports Products Stock Sheds 1.3% in Hong Kong

Dow JonesDec 11 16:32

AlphaValue/Baader Europe Lifts Puma Rating Amid M&A Rumors

MT NewswiresDec 10 21:33

Anta Sports (02020) canceled 10,559,800 repurchased shares on December 10.

Anta Sports (02020) announced that on December 10, 2025, the company canceled 10,559,800 repurchased shares.

Zhitong FinanceDec 10 17:32