Huachuang Securities: Service consumption will become the main theme of China's consumer market in the next decade, uncovering new industrial trends and investment opportunities.

Industries related to experiential consumption such as 'food, entertainment, accommodation,' and development-oriented consumption like 'education, health, and wellness' are burgeoning. Service consumption is gradually becoming the core driver of China's consumption growth.

Zhitong Finance11:48

Express News | Most new consumer concept stocks in the Hong Kong stock market rebounded, with Guming rising over 4%, Shangmei Shares up more than 3%, Mao Geping gaining nearly 3%, Brucan and Miniso both rising over 1%, and Laopu Gold and Pop Mart increasing nearly 1%.

BreakingsMar 6 10:50

Bank of America Securities has lowered its target price for Mixue (02097.HK) to HKD 353, citing low earnings visibility per share.

Bank of America Securities released a report indicating that, according to the bank's channel checks, despite MIXUE (02097.HK) accelerating its store expansion pace, same-store sales in the fourth quarter of last year were essentially flat compared to double-digit growth in the first three quarters of 2025. Therefore, the bank has maintained its forecast for the company’s net profit after tax for last year at RMB 6 billion, representing a 36% year-on-year increase. However, the bank has lowered its earnings per share (EPS) forecasts for MIXUE by 4% and 6% for this year and next year, respectively, projecting revenue and net profit growth of 10% and 5% for this year. Meanwhile, the target price has been revised downward from RMB 390 to RMB 353, with the stock retaining an “Underperform” rating, primarily due to expectations for 2026 EPS.

AASTOCKSMar 6 10:01

China Galaxy Securities: Civil aviation data in the first week after the holiday showed stronger performance compared to pre-holiday levels, reflecting an upward trend in service consumption vitality.

Travel data in the first week after the holiday was stronger than that before the holiday, with off-season data clearly reflecting an upward trend in service consumption vitality.

Zhitong FinanceMar 5 15:30

[In-depth Industry Research] The Spring Festival Consumption 'Battle Royale': How Did Henan Province in the Four Provinces of Shandong, Shanxi, Henan, and Hebei Emerge as a Standout?

In the development history of the four provinces known as 'Shanhe Four Provinces'—Shanxi, Shandong, Hebei, and Henan—an intriguing commercial phenomenon has sparked deep reflection. During the Spring Festival, brands originating from Henan, such as Mixue Ice City, Guoyuan Food Hub, and Wangfanxing Noodle Shop, have spread nationwide, garnering enthusiastic support from consumers. Even Pangdonglai, a brand deeply rooted in its local market, has risen to become a national commercial benchmark. In contrast, Shanxi, despite having top-tier 'golden-signature' products like Fenjiu liquor, aged vinegar, and Pingyao beef, struggles to produce new national-level brands that have emerged in recent years. Shandong and Hebei similarly face challenges where their older brands cannot keep up with new consumer trends. Why is it that among these four provinces, which share comparable resources and cultural heritage, only Henan has become the

businesstimes cnMar 3 08:20

Meta Bright Group Malaysia 2nd-Quarter 2025 Earnings Summary Table

Dow JonesFeb 27 17:48