Shang Hai Zheng Quan Bao·2025-11-28 04:58Market Overview - On November 28, A-shares saw all three major indices rise, with the Shanghai Composite Index up by 0.21%, the Shenzhen Component Index up by 0.72%, and the ChiNext Index up by 0.71. The total market turnover was 983.6 billion yuan, a decrease of 113.4 billion yuan compared to the previous trading day, with over 3,500 stocks rising [2]. Company Highlights - Haixin Food experienced a significant surge, hitting the daily limit and achieving a turnover rate of over 38% with a transaction volume of 1.123 billion yuan by midday. This marked the third consecutive day of limit-up trading for the company [4]. - Haixin Food announced that its stock price had deviated significantly, with a cumulative increase of over 20% over two trading days. The company stated that its recent operational conditions remain normal, with no significant changes in the internal or external business environment. The company highlighted two key operational achievements: a strategic breakthrough in new channel expansion by entering the Sam's Club system, which enhances brand reputation and pricing power, and a year-on-year growth in its snack food business [7]. Industry Trends - The dairy sector showed strong performance, with Sunshine Dairy and Yantang Dairy both hitting the daily limit. Sunshine Dairy began its surge at 10:48 AM, reaching the limit within one minute, while Yantang Dairy followed suit, hitting the limit within five minutes around 11 AM [9]. - A report from Huatai Securities indicated that the essential consumer goods sector has significant room for structural upgrades domestically and opportunities for overseas expansion. The report noted that leading companies have been increasing their dividend rates, providing a threefold advantage of dividend yield support, long-term growth potential, and low valuation elasticity in a low-interest-rate environment. The current allocation ratio and valuation percentiles for the essential consumer goods industry are at historical lows, suggesting a favorable entry point for investments [13].