Changes in Hong Kong stocks | Food and beverage stocks rise, market risk appetite falls back, compounded by domestic demand expectations, institutions say food and beverage allocation value is highlighted

Zhitong Finance App learned that food and beverage stocks were higher. As of press release, Zhou Heiya (01458) rose 7.39% to HK$2.47; China Resources Drinks (02460) rose 5.09% to HK$14.86; Weilong Mei (09985) rose 5.05% to HK$17.06; Master Kong Holdings (00322) rose 2.94% to HK$14; Nongfu Spring (09633) rose 3% to HK$36.95; Unified Enterprise China (00220) rose 1.56% to HK$1.9149.14% yuan.

According to the news, Cathay Pacific Haitong Securities pointed out that starting in April, the new round of US tariff proposals will amplify the expected fluctuations in external demand and global growth centers in the equity market. It is expected that the equity market risk appetite may decline in the short term, and the market will prefer varieties with relatively stable performance, cash flow and dividends. At the same time, under the guidance of expanding domestic demand, food and beverages are expected to improve demand and boost performance in the future, and the allocation value is highlighted.

Ping An Securities said that with the continuous introduction of policies to promote consumption and the gradual recovery of residents' income and confidence, consumption recovery will show a high pace from beginning to end, and it is recommended to focus on investment opportunities in the snack and catering industry chain during the year. In terms of casual snacks, channel dividends and product dividends for snacks are still there. On the one hand, the new channel dividends are not over yet; on the other hand, manufacturing companies continue to launch new products to seize consumers' minds, and the industry as a whole has maintained a high boom.