
"The Three Golden Flowers" report impressive mid-term results as Hong Kong's new consumption enters the second half
Looking back at the market trends this year, new consumption has undoubtedly been one of the focal sectors in the Hong Kong stock market. Recently, several new consumption companies listed in Hong Kong disclosed their interim results, which overall performed impressively. Among them, POP MART, LAOPU GOLD, and MIXUE GROUP, known as the "three golden flowers" of Hong Kong stocks, reported revenues and net profits that far exceeded market expectations, with overseas business becoming a new driver for performance growth. Driven by the mid-term report market, the Hang Seng Consumption Index reached a peak on August 26, and subsequently retreated, with a cumulative decline of over 3% in nearly five trading days as of September 2. Industry insiders believe that the new consumption sector in Hong Kong stocks is entering the second half, transitioning from the "beta" market of the first half to a gradually differentiated "alpha" market. In the medium to long term, as the new consumption trend accelerates, the new consumption sector in Hong Kong stocks is expected to continue to rise

