Back    Zoom +    Zoom -
<Research>G Sachs Favors ANTA SPORTS/ MIDEA GROUP/ NONGFU SPRING/ YUM CHINA/ TINGYI/ MENGNIU DAIRY/ MNSO/ GIANT BIOGENE/ LAOPU GOLD Among CN Consumers
Recommend
11
Positive
19
Negative
10
Goldman Sachs has released a report expecting consumer spending to remain rational this year, while the recovery of consumer confidence will rely on more sustained policy support, stability in the real estate market, improvements in the job market, and the revival of economic activities.

The broker believed that companies or industries with structural growth opportunities will be better positioned to mitigate the impact of macroeconomic fluctuations. It was upbeat about industries such as white appliance, diversified retail, specific sports brands, and dairy and beverage products over the next 3-6 months.

Related NewsCiti: LI NING Reclaims Official Sportswear Partnership with CN Olympic Committee, Negative for ANTA SPORTS
Goldman Sachs' preferred Chinese consumer stocks included ANTA SPORTS (02020.HK) (on the Conviction List), Moutai (600519.SH), MIDEA GROUP (00300.HK), NONGFU SPRING (09633.HK), YUM CHINA (09987.HK), TINGYI (00322.HK), MENGNIU DAIRY (02319.HK), MNSO (09896.HK), GIANT BIOGENE (02367.HK), LAOPU GOLD (06181.HK), and HISENSE HA (00921.HK).
AAStocks Financial News