Three factors boost new consumption trend, market momentum expected to continue.

In 2025, the new consumer sector has become the focus of attention in the Hong Kong stock market. On July 8, the stock price of the old store gold hit a new all-time high. Consumer logic is quietly undergoing a transformation, with supply-side reforms becoming the core engine driving industry growth. At the same time, the resonance of policy support, changing consumer trends, and industrial innovation is pushing the new consumer sector to continue to strengthen. Looking ahead, analysts believe that emotional value and experiential consumption accurately target current demand pain points, and their commercial value is rapidly being realized. The trend of the new consumer sector is expected to continue.