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Hong Kong stock movement | NONGFU SPRING (09633) rises over 3% officially entering the Hong Kong market. Goldman Sachs remains Bullish on the beverage Sector.
NONGFU SPRING (09633) rose over 3%, as of the time of this report, rising 3.56% to 39.3 Hong Kong dollars, with a transaction amount of 0.155 billion Hong Kong dollars.
NONGFU SPRING (09633.HK) officially enters the Hong Kong market with multiple brands.
NONGFU SPRING (09633.HK) officially entered the Hong Kong market with brands such as "NONGFU SPRING", "Eastern Leaves", "Scream", "NFC", "17.5 Degrees", and "Water Soluble C100", with Jianhua Group serving as the exclusive agent. Currently, they are available at over 3,500 sales points across supermarkets, convenience stores, department stores, and chain retail channels in Hong Kong.
NONGFU SPRING (09633.HK): The Heyuan factory can produce 0.081 million bottles of drinking natural water per hour, averaging 22.5 bottles per second.
NONGFU SPRING (09633.HK) announced that it previously invited artists Chen Hao and Chen Bei Er to visit its water source in the Wanlu Lake of Heyuan, Guangdong Province. This location is a national forest park and also a level one protection area for drinking water sources. They went to the factory to learn about the production process of natural drinking water and observed how the brand controls quality. They toured the NONGFU SPRING factory and noted that upon entering, they saw a series of advanced modern equipment, with the production process having zero contact with the outside world; they were amazed by the output of the fully automated production line, with the factory capable of producing 0.081 million bottles of natural drinking water per hour, which means 22.5 bottles can be produced in a second, and this is not even at its maximum.
Express News | Goldman Sachs: Remains Bullish on the Beverage Sector. Competition is intensifying, but the product cycle is stable and profitability is predictable.
Goldman Sachs Keeps Their Buy Rating on Nongfu Spring Co., Ltd. Class H (9633)
