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<Research>CICC Estimates Food & Beverage Sector Demand to Stabilize & Improve in 2H25
Recommend 3 Positive 6 Negative 8 |
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CICC released a research report anticipating China to continue rolling out policies to boost domestic demand, stimulate consumption, and encourage childbirth in 2H25, with demand in the food and beverage sector stabilizing and improving at the margin. Breaking it down by segment, the broker pointed out that the fundamentals of mass-market food have shown marginal improvement since March and are expected to steadily pick up in 2H. CICC's recommended portfolios for H-shares included NONGFU SPRING (09633.HK), WL DELICIOUS (09985.HK), TINGYI (00322.HK), U-PRESID CHINA (00220.HK), CR BEVERAGE (02460.HK), and MENGNIU DAIRY (02319.HK). AAStocks Financial News |
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