Changes in Hong Kong stocks | Consumer concept stocks rose, Jiumaojiu (09922) rose more than 5%, Central Economic Work Conference unleashed consumer benefits

The Zhitong Finance App learned that most consumer concept stocks were higher. As of press release, Jiumaojiu (09922) rose 5.42% to HK$1.75; Haidilao (06862) rose 4.42% to HK$14.64; Chabaidao (02555) rose 6.06% to HK$7.18; Mengniu Dairy (02319) rose 2.53% to HK$14.6; Li Ning (02331) rose 1.8% to HK$17.56.

According to the news, the Central Economic Work Conference was held in Beijing from December 10 to 11. The conference clearly adheres to domestic demand leadership to build a strong domestic market. Key policies include thoroughly implementing special actions to boost consumption, formulating and implementing plans to increase income for urban and rural residents; cleaning up unreasonable restrictions in the consumer sector to unleash the potential for service consumption; and promoting urban renewal with high quality.

Galaxy Securities believes that the consumer industry needs to pay attention to the medium- to long-term consumption goals in the “15th Five-Year Plan”; in the short term, focus on implementing specific policies related to consumption in 2026. According to CMB International, judging from the main investment line, there are three main directions for selecting stocks according to consumption type: 1) survival consumption, which emphasizes frugality, low unit price and high cost performance; 2) compensatory consumption, which focuses on small luck and cheap entertainment; and 3) goals with safe-haven and defensive attributes.