As consumer stimulus policies continue to be implemented, it is expected that the new retail and new consumer circuit that previously failed will gradually catch up. On October 16, the performance of Hong Kong stocks on the new retail and new consumer circuit was impressive. At one point, Chabaidao's stock price soared by 80.5% during the intraday period. Although the closing increase narrowed sharply, it still rose by nearly 30%. Furthermore, Gaoxin's retail sales closed up 15.08%, Oriental Choice rose 5.57%, and Nai Xue's tea stock price once soared 27.3% intraday and closed up 4.3%. Industry insiders believe that consumer confidence is continuing to pick up and heat up as government stimulus policies significantly boost the domestic economy, and consumer-themed funds that have previously drifted to other tracks are expected to become new incremental capital for the consumer sector.

Zhitongcaijing · 10/16 19:49
As consumer stimulus policies continue to be implemented, it is expected that the new retail and new consumer circuit that previously failed will gradually catch up. On October 16, the performance of Hong Kong stocks on the new retail and new consumer circuit was impressive. At one point, Chabaidao's stock price soared by 80.5% during the intraday period. Although the closing increase narrowed sharply, it still rose by nearly 30%. Furthermore, Gaoxin's retail sales closed up 15.08%, Oriental Choice rose 5.57%, and Nai Xue's tea stock price once soared 27.3% intraday and closed up 4.3%. Industry insiders believe that consumer confidence is continuing to pick up and heat up as government stimulus policies significantly boost the domestic economy, and consumer-themed funds that have previously drifted to other tracks are expected to become new incremental capital for the consumer sector.