HK Stock Market Move | GUMING (01364) rose nearly 4% in early trading, the company plans to pay a special dividend, Goldman Sachs says the company's GMV has increased by over 20% this year.

GUMING (01364) rose nearly 4% in the morning session, rising by 4% to HK$22.38 as of the time of writing, with a trading volume of HK$59.6659 million. On the news front, GUMING Holdings announced that it will hold a board meeting on November 14, 2025 (Friday), with the main agenda being to consider and approve the declaration of a special dividend. The special dividend distribution plan was previously disclosed in the company's prospectus issued on February 4, 2025. The company stated that after the board meeting's approval, a detailed announcement will be made regarding the specific content of the special dividend. Goldman Sachs' latest research report shows that GUMING has been included in the firm's Buy list for the Asia-Pacific region. The analysts at the bank expect GUMING's adjusted net profit to grow by over 20% annually in the next two years, supported by the continuous increase in penetration rate of ready-to-drink beverages and expansion of market share, enabling the company to outperform the broader consumer sector. The report highlights that GUMING continues to demonstrate its competitiveness, with total gross merchandise volume (GMV) per store growing by over 20% since the beginning of the year, significantly outperforming other mid-range ready-to-drink beverage brands. This success is attributed not only to food delivery subsidies but also to the successful launch of new products, expansion of product categories (such as coffee), and strong execution capabilities.