Group 1 - The Hong Kong stock market saw a strong performance in new consumption concept stocks, with notable gains in several companies [1] - Companies such as "沪上阿姨" increased by nearly 13%, "锅圈" by 6%, "毛戈平" by over 5%, "奈雪的茶" by over 4%, and others like "蜜雪集团" and "茶百道" rising by over 3% [1] Group 2 - "沪上阿姨" (Code: 02589) rose by 12.52% to a latest price of 102.000, with a total market value of 10.731 billion and a year-to-date decline of 9.83% [2] - "锅圈" (Code: 02517) increased by 6.02% to 4.400, with a market cap of 11.61 billion and a year-to-date increase of 147.22% [2] - "毛戈平" (Code: 01318) saw a rise of 5.41% to 95.500, with a market value of 46.813 billion and a year-to-date increase of 66.16% [2] - "奈雪的茶" (Code: 02150) increased by 4.17% to 1.250, with a market cap of 21.31 billion and a year-to-date decline of 8.09% [2] - "蜜雪集团" (Code: 02097) rose by 3.55% to 431.800, with a total market value of 163.919 billion and a year-to-date increase of 113.23% [2] - "茶百道" (Code: 02555) increased by 3.28% to 7.560, with a market cap of 11.171 billion and a year-to-date decline of 27.98% [2]

Core Viewpoint - The new consumption concept stocks in the Hong Kong market are experiencing significant activity, with notable price increases observed in several companies as of November 12. Group 1: Stock Performance - Hu Shang A Yi (沪上阿姨) saw a rise of over 17%, reaching a price of 106.800 HKD [2][3] - Guo Quan (锅圈) increased by over 4.82%, with a current price of 4.350 HKD [2][3] - Mao Ge Ping (毛戈平) experienced a growth of 6.57%, now priced at 96.550 HKD [2][3] - Nai Xue's Tea (奈雪的茶) rose by 3.33%, with a price of 1.240 HKD [2][3]

每经AI快讯，毛戈平(01318.HK)涨超6%，截至发稿，涨6.51%，报96.5港元，成交额6950.92万港元。 （文章来源：每日经济新闻） ...

Core Viewpoint - The stock of Mao Geping (01318) has increased by over 6%, currently up 6.51% at HKD 96.5, with a trading volume of HKD 69.51 million, indicating strong market interest and performance during the recent promotional period [1] Group 1: Sales Performance - The recent Double 11 promotion lasted about a month, concluding around November 11, with Mao Geping showing steady growth across both Douyin and Tmall channels [1] - Tmall's first-day sales featuring Li Jiaqi sold out, reflecting high popularity and consumer demand [1] Group 2: Market Insights - According to Shenwan Hongyuan's report, the competitive landscape during the September Double 11 pre-sale and multi-platform competition has set a solid foundation for Q4 performance [1] - Open Source Securities highlights that domestic brands are leveraging cultural roots to capture "emotional dividends," thereby increasing market share [1] Group 3: Consumer Trends - The report emphasizes the importance of emotional value and safety in product innovation, focusing on opportunities in niche markets such as "regional + technology" narratives, sensitive skin anti-aging, domestic trend cosmetics, and olfactory economy [1]

Group 1 - The stock of Mao Geping (01318) has increased by over 6%, currently up 6.51% at HKD 96.5, with a trading volume of HKD 69.51 million [1] - According to a recent report by Shenwan Hongyuan, the Double 11 promotion in 2025 lasted about a month and concluded around November 11, with expectations of steady growth for Mao Geping on both Douyin and Tmall platforms, as evidenced by the sell-out on the first day of sales with Li Jiaqi on Tmall [1] - The report highlights that Mao Geping's performance in October has laid a solid foundation for Q4 results amidst the backdrop of the September Double 11 pre-sale and multi-platform competition [1] Group 2 - Open Source Securities emphasizes that domestic brands are leveraging cultural foundations to capture "emotional dividends" and increase market share [1] - In the context of evolving consumer mindsets and product innovation, the focus is on two core dimensions: emotional value and safety component innovation, with attention to opportunities in niche markets such as "regional + technology" narrative upgrades, sensitive skin anti-aging, domestic trend cosmetics, and olfactory economy [1]

Group 1 - The new consumption concept stocks in the Hong Kong market are showing significant activity, with notable price increases for several companies [1] - Specifically, the stock of "沪上阿姨" (Hushang Ayi) has risen by 13.07%, "锅圈" (Guoquan) by 4.82%, "毛戈平" (Mao Geping) by 4.14%, and "奈雪的茶" (Naixue's Tea) by 3.33% [1]

Group 1 - The stock of Mao Ge Ping (01318.HK) has increased by over 9%, currently up 8.94% at HKD 91.35 [1] - The trading volume reached HKD 201 million [1]

Core Viewpoint - Mao Geping (01318) has seen a significant stock price increase of over 9%, currently trading at 91.35 HKD with a transaction volume of 201 million HKD, driven by strong sales performance during the Double 11 shopping festival [1] Group 1: Sales Performance - Mao Geping has entered the top 20 sales rankings for the first time during the Double 11 event, indicating a strong sales surge [1] - The brand ranked 20th in the beauty category on Douyin, showcasing its growing presence in online sales channels [1] Group 2: Market Position and Growth Potential - Huachuang Securities highlights Mao Geping as a benchmark for high-end domestic beauty brands, emphasizing its strong brand moat and stable growth driven by both color cosmetics and skincare [1] - The company has successfully expanded into the fragrance category, demonstrating potential for a multi-category development strategy [1] Group 3: Channel Strategy - The rapid growth of online channels is complemented by the strengthening of offline channels through experiential services, indicating a healthy dual-channel development strategy [1] - There remains significant room for SKU expansion and improvement in store efficiency, which is expected to continuously release growth momentum for the company [1]

Core Insights - The A-share market's consumer stocks have surged, positively impacting Hong Kong's new consumer concept stocks, with notable increases in various companies' stock prices [1] Group 1: Market Performance - Stocks such as "沪上阿姨" rose over 14%, "卫龙美味" increased over 7%, and "泡泡玛特" and "蜜雪集团" both saw gains exceeding 6% [1] - Other companies like "奈雪的茶," "古茗," and "毛戈平" experienced increases of over 5%, while "茶百道," "锅圈," and "老铺黄金" rose over 3% [1] Group 2: Economic Indicators - The National Bureau of Statistics released positive inflation data for October, indicating a 0.2% month-on-month and year-on-year increase in the Consumer Price Index (CPI), marking a shift from decline to growth [1] - The core CPI, excluding food and energy prices, rose by 1.2% year-on-year, with the growth rate expanding for the sixth consecutive month [1] Group 3: Government Policy - The Ministry of Finance plans to continue implementing measures to boost consumption, including providing financial subsidies for personal consumption loans in key sectors [1]

I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01318 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 261,842,300 | RMB | | | 0.5 RMB | | 130,921,150 | | 增加 / 減少 (-) | | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 261,842,300 | RMB | | | 0.5 RMB | | 130,921,150 | 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 毛戈平化妝品股份有限公司 呈交日期: 2025年11月5日 | 2. 股份分 ...