Citi Says CN Consumer Goods Sector Posts Mixed 1H26 Results, Adjusts Sector Preferences
AASTOCKS News·- Citi reported that 27% of companies in its China consumer goods coverage exceeded 1H26 expectations, 38% met them, and 35% fell short. - Despite unchanged structural consumption trends, the broker adjusted its sector preference rankings and identified top picks for 2H26. - MENGNIU DAIRY and NONGFU SPRING lead staples, while ANTA SPORTS, MIDEA GROUP, and Atour Lifestyle are top discretionary picks.