HK Stock Market Move | MAO GEPING (01318) up more than 7%, funds are expected to further open after entering, the company's brand potential is entering a stage of rapid growth.
Maogeping (01318) rose more than 7%, as of the deadline for submission, it rose 7.01% to 98.5 Hong Kong dollars, with a turnover of 2.49 billion Hong Kong dollars.
MAO GEPING (01318) surged more than 7%, reaching a record high of 98.8 Hong Kong dollars. As of the time of writing, it was up 7.01%, trading at 98.5 Hong Kong dollars, with a turnover of 2.49 billion Hong Kong dollars.
On the news front, according to announcements from the Shanghai and Shenzhen Stock Exchanges, MAO GEPING has officially been included in the Hong Kong Stock Connect, effective since March 10. China Securities Co., Ltd. pointed out that as a domestic brand with high brand power in the scarce optional consumer sector, outstanding profitability, and scarcity as an investment target, inclusion in the Stock Connect is expected to further open up funding channels. Huatai believes that MAO GEPING is in a rapid growth stage of brand momentum and is optimistic about the company's scarce brand value, product category structure, channel endowment, and future growth potential. In the short term, the company's high-frequency data is impressive, laying a strong foundation for fundamentals, and on March 10, the company is expected to be included in the Hong Kong Stock Connect, improving liquidity; in the medium to long term, expanding into categories like perfumes and creating a multi-brand matrix could bring new growth curves.
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