"Three Gold Flowers" reported impressive performance, Hong Kong stock's new consumption entering the second half.
Looking back on the market trends so far this year, new consumption is undoubtedly one of the focal sectors of the Hong Kong stock market. Recently, several Hong Kong new consumption companies released their mid-term performance, with overall performance shining. Among them, the market-acclaimed "Three Golden Flowers" of the Hong Kong stock market, Bubble Mart, Lao Pu Gold, and Meixue Group, all reported revenues and net profits far exceeding market expectations, with overseas business becoming a new driver of performance growth. Driven by the mid-term market trends, the Hang Seng Consumer Index reached a phase high on August 26, followed by a slight retreat, with a cumulative decline of over 3% in the past five trading days as of September 2. Industry insiders believe that the new consumption sector in the Hong Kong stock market is entering the second half, transitioning from the previous "beta" trend to a gradually differentiating "alpha" trend. In the medium to long term, as the new consumption trend accelerates, the Hong Kong stock market's new consumption sector is expected to continue to rise.
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