HK Stock Market Move | JNBY (03306) rose more than 6% in early trading. The largest JNBY+ Art Collection Store in the southwest has opened. The company has consistently maintained high dividends since going public.

JNBY (03306) rose over 6% in the early trading session, and as of the time of writing, it was up 4.09%, trading at 14.24 Hong Kong dollars, with a turnover of 1930.33 million Hong Kong dollars. On the news front, JNBY's JNBY+ Art Collection Store in Chengdu was officially opened on November 2nd, becoming the largest collection store in the southwest region. It is reported that in the past five years, JNBY has adopted a prudent strategy of opening stores, gradually increasing the number of physical stores each year to better serve consumers. Currently, JNBY has a total of 2024 offline physical stores. Western had previously pointed out that since its listing, JNBY has maintained a high dividend payout, with an average dividend payout ratio of 76% over the past five years. The company's dividend yield is high. The company's ROE ranks at the forefront of the entire consumer goods industry, with an average ROE of 35.7% over the past 3 years and 33.4% over the past 5 years. As a leading designer brand, the high ROE and high dividend payout of the company highlight its investment value, driven by its three strategies of multi-brand matrix, design-driven approach, and fan economy for revenue growth.