China Merchants SSE Consumer 80 ETF

JPMorgan Reduces Fuyao Glass Stake by 618,700 Shares for HKD 37.88 Million

HKEX Discloses: JPMorgan Increases Short Position in Wuxi AppTec H-Share to 3.34% on May 14

Haier Group Ranks 53rd in Kantar BrandZ, Brand Value Reaches $52.949 Billion

Schroders PLC Increased Holdings in Hengrui Medicine by 663,000 Shares on May 12 at Cost of Approx. 45.55 Million HKD

Haier Smart Home Repurchases 600,000 A-Shares for 12.57 Million RMB

BlackRock Increases Stake in Wuxi AppTec H-Shares to 6.32%

Bristol Myers Squibb and Hengrui Medicine Reach Billions-Deal to Co-Develop Drugs and Conduct Early Clinical Trials in China

JPMorgan Chase Increases Stake in Fuyao Glass by 458,638 Shares on May 12, Holding Reaches 14.03%

US Department of Homeland Security Raided Fuyao Glass Factory Last Year

Orient Securities: WuXi AppTec 2026 Q1 Net Profit 4.65B, Maintains Buy Rating with Target Price 140.16 Yuan

Hengrui Medicine and BMS Reach $15.2 Billion Super BD Deal

Pzena Investment Management Increases Stake in Haier Smart Home by Approximately 2.34 Million HKD

Haier Smart Home Repurchases 1 Million A-Shares at RMB 21.38 per Share on May 14

Hengrui Medicine's Subsidiary Receives Approval for SHR-3079 Injection Clinical Trials

Hengrui Medicine Receives Approval for Three Drugs' Clinical Trials

MG Launches MG 07 Electric Sedan

Haier Group Breaks Ground on AI Smart Factory for Central Air Conditioning in Thailand

Haier Smart Home repurchased 2.1 million A shares

Jiangsu Hengrui Medicine Signs $950 Million Global R&D Agreement with Bristol-Myers Squibb

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At yesterday's close, FOREST CABIN fell 1.21% to HKD 52.90, with a trading volume of approximately HKD 3.05 million, continuing its recent correction trend. The MACD daily line formed a death cross below the zero axis, indicating that the enthusiasm for this recently listed personal care brand stock is rapidly fading, and buying power has clearly retreated from its highs. As a domestic high-end skincare brand, FOREST CABIN initially received significant market attention upon its listing, but as the new stock effect diminishes, the stock price has gradually shifted downward. With a trading volume of only around HKD 3 million, liquidity is relatively low. On the news front, the consumer sector has recently shown a divergence in the Hong Kong stock market. ANTA SPORTS fell nearly 4% yesterday, and LI NING dropped over 4%, reflecting a collective weakness among leading sports apparel brands and raising concerns about the strength of domestic consumption recovery. Although news of Novo Nordisk's weight loss pills facing a price war mainly affects overseas pharmaceutical sectors, it also reflects the trend of increasing competition in the global consumer health field. As a domestic skincare brand, FOREST CABIN's valuation largely depends on the pace of recovery in domestic consumer confidence, and current macro consumption data has yet to provide strong support. From a technical perspective, the HKD 50 psychological support level is a key point recently; if it continues to fall below this line, it may trigger further adjustments. New stocks often have unstable liquidity in the early stages of listing, and the reference value of the MACD signal should be viewed with caution, but the continuous downward trend itself is worth noting. Today, attention will be on the performance of the A-share consumer sector and the impact of domestic retail data expectations on market sentiment

Technical Forecast

FOREST CABIN

ANTA SPORTS

LI NING

Novo Nordisk AS

ANTA SPORTS-R

LI NING-R

Pre-market trend | FOREST CABIN (2657.HK) 5/5 Consumer stocks pull back, has the enthusiasm for new stocks faded?

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UOB Kay Hian analyst maintained a Buy rating on Li Ning Company today and set a price target of HK$24.70.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks In a report released today, DBS also maintained a Buy rating on the stock with a HK$26.40 price target.

Tip Ranks

China Universal CSI Consumer Staples ETF

United Overseas Bank (UOB)

UOB Kay Hian Keeps Their Buy Rating on Li Ning Company (LNNGF)

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Consumer365 has recognized Forme as a top luxury posture smartwear brand for travel and sleep recovery, highlighting its effectiveness in reducing muscle fatigue and improving chest expansion. Forme's smart apparel, developed by an orthopedic surgeon, utilizes patented technology to promote real-time alignment and muscle memory, addressing posture challenges during prolonged sitting and rest. The review emphasizes the importance of posture support during travel and sleep, with recommended products including Arch Booster Socks, Ergo Shorts, and Collagen Power Bra, designed to enhance comfort and alignment without conscious effort.

Unusual Whales

Guotai CSI All Share Household Appliances ETF

Fullgoal CSI Consumer Electronic Theme ETF

Best Travel and Sleep Posture Wear (2026): Forme Rated Top Choice for Reducing Muscle Fatigue and Improving Chest Expansion by Consumer365

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361 DEGREES expects to achieve revenue of 11.1 billion yuan in 2025, a year-on-year increase of 11%, and a net profit of 1.3 billion yuan, a year-on-year increase of 14%. Despite the overall cooling of the consumption environment, 361 DEGREES' growth rate still outpaces the industry, but the momentum has clearly weakened compared to the growth rates of 19.6% and 19.5% in 2024. 361 DEGREES has 5,394 stores in mainland China, mainly concentrated in third-tier cities and below, adopting a strategy to encourage distributors to expand, sacrificing some brand control to achieve scale expansion. In 2025, the average area of brand stores will increase to 165 square meters, the proportion of mall channels will rise, but the number of traditional stores will decrease

腾讯新闻 - 财经

361 DEGREES

The "professional paradox" of 361 DEGREES: It is still not a running brand

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Under the influence of the Middle East situation and energy prices, global retail, fashion, beauty, and other sectors are facing challenges. The rise in gasoline prices has led to a decline in consumer confidence in the United States, with the consumer confidence index dropping by 6% in March. The National Retail Federation predicts that retail sales will grow by 4.4% to USD 5.6 trillion by 2026, but consumer confidence is not expected to improve significantly. Various industries are adjusting their strategies to cope with the complex environment and exploring development paths

Tema Luxury ETF

Global X China Consumer

SPDR FD Consumer Discretionary

Kraneshares Global Luxury Index ETF

Angpao CEO steps down, founder takes over | Second Aunt Looks at Fashion

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China Dongxiang Details Board Composition and Committee Roles

CHINA DONGXIANG

China Dongxiang Details Board Composition and Committee Roles

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On March 30th, the domestic demand sector, such as food and textiles, rose against the market trend. Institutions recommend paying attention to the consumer industry, believing that 2026 will be a key turning point. Renowned analyst Mu Yiling pointed out that the negative impact of real estate on consumption will weaken, and consumption will enter a stage of independent development. At the same time, the increase in foreign exchange settlement by export enterprises will enhance domestic money supply, supporting corporate profits and consumption recovery. Currently, the domestic demand sector has policy support and low valuations, and it is recommended to pay attention to related ETFs

ChinaAMC CSI Food & Beverage Sub-Industry ETF

Harvest CSI Consumer Staples ETF

China Merchants Guozheng Food and Beverage ETF

Penghua CNI HK Connect Consumer ETF

Ping An CSI Food & Beverage Sub-Industry ETF

Hwabao WP CSI Staples Leading Leader ETF

ChinaAMC CSI HK Connect Consumption Theme ETF

Penghua CSI HK Stock Connect Consumer Thematic ETF

Hwabao WP CSI Food & Beverage Sub-Industry ETF

GX CN CONSUME

ChinaAMC SSE Consumer Staples ETF Initiating Fund

The food, textile, and other domestic demand sectors are performing well against the market trend! Institutions: Consumption is a sector that cannot be ignored in 2026

361 Degrees International (SEHK:1361) has gained attention following its strong 2025 results and a higher final dividend recommendation. The stock price is currently HK$6.0, with a recent 7-day return of 11.94% and a 1-year total return of 41.19%. The P/E ratio stands at 8.4x, below the estimated fair P/E of 10.7x, indicating potential undervaluation. A DCF analysis suggests a fair value of HK$7.41, presenting a 19% gap from the current price. Investors should consider risks related to consumer demand and competition while evaluating this opportunity.

Simplywall

Assessing 361 Degrees International (SEHK:1361) Valuation After Strong 2025 Results And Higher Final Dividend Recommendation

ANTA Group released its financial report showing that the revenue of the Kelong brand in 2025 is expected to reach 80.219 billion yuan, a year-on-year increase of 13.3%. Kelong has become the fastest-growing brand within the group with a growth rate of 59.2%, demonstrating a steady and professional spirit. Despite fierce market competition, Kelong adheres to a differentiated strategy, hosting community activities to convey sustainable outdoor values. Kelong's professional genes have a long history, having supported peak climbing as early as 1980, becoming an official sponsor of the Olympics, and collaborating with Antarctic research teams. In September 2025, Kelong will become the official partner of the Chinese national climbing team

Kelong: Not chasing the trend, yet outperforming the trend

China Merchants SSE Consumer 80 ETF(510150.SH)

Pre-market trend | FOREST CABIN (2657.HK) 5/5 Consumer stocks pull back, has the enthusiasm for new stocks faded?

UOB Kay Hian Keeps Their Buy Rating on Li Ning Company (LNNGF)

Best Travel and Sleep Posture Wear (2026): Forme Rated Top Choice for Reducing Muscle Fatigue and Improving Chest Expansion by Consumer365

The "professional paradox" of 361 DEGREES: It is still not a running brand

Angpao CEO steps down, founder takes over | Second Aunt Looks at Fashion

China Dongxiang Details Board Composition and Committee Roles

The food, textile, and other domestic demand sectors are performing well against the market trend! Institutions: Consumption is a sector that cannot be ignored in 2026

Assessing 361 Degrees International (SEHK:1361) Valuation After Strong 2025 Results And Higher Final Dividend Recommendation

Kelong: Not chasing the trend, yet outperforming the trend