Zhi Tong Cai Jing·2026-02-26 05:45Group 1 - The core viewpoint of the article indicates that the domestic consumption market in China is showing signs of recovery, particularly during the Spring Festival holiday from February 15 to 23, with notable performance in tourism, culture, and dining sectors [1] - The company is optimistic about industries that are experiencing initial recovery, driven by structural consumption growth, potential policy support, and overseas growth opportunities, including dining, services, and experiential consumption [1] - The company has assigned a "buy" rating to several stocks, including Anta Sports (02020), China Resources Beer (00291), China Duty Free Group (601888.SH), Haidilao (06862), Midea Group (000333.SZ), and Yum China (09987), while maintaining an "overweight" rating for the domestic consumption sector [1] Group 2 - Based on consumption and travel data during the Spring Festival holiday, the company has adjusted target prices for certain stocks, raising Haidilao's target price to HKD 19.7, Li Ning (02331) to HKD 21.6, Kweichow Moutai (600519.SH) to RMB 1,682, and Wuliangye (000858.SZ) to RMB 115.1 [1]