New consumption stocks in Hong Kong strengthened, with POP MART leading the rise, and the Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) increased by nearly 2.5%
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The Hong Kong stock consumer sector rose in the afternoon, with the consumption ETF ChinaAMC (513230) up nearly 2.5%. POP MART led the gains with an increase of nearly 9%, reaching a new high in over 2 months. Renowned investor Duan Yongping increased his stake in POP MART, becoming the second-largest shareholder. Zhongyou Securities recommends paying attention to the trend of trendy toys, which aligns with the trend of personalized consumption
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