Workflow
餐饮及潮玩行业周报-20250511

Investment Rating - The report assigns an "Outperform" rating to multiple companies including Anta Sports, Pop Mart, Haidilao, and others, while Budweiser APAC is rated "Neutral" [1]. Core Insights - The report highlights the opening of a flagship store for ChaPanda, which sold over 1.5 million cups during the May Day holiday, indicating strong consumer interest [5]. - Borchid Capital sold all its shares in Pop Mart, raising approximately HKD 2.267 billion, reflecting a significant exit after 14 years of investment [5]. - Green Tea Group is set to launch an IPO, offering 168 million shares with an expected listing date of May 16 [5]. - Pop Mart's first magazine sold out in all offline bookstores, showcasing the brand's strong market presence [5]. - U.S. President Trump suggested imposing an 80% tariff on Chinese goods, which could impact the industry [5]. Weekly Performance Summary - In the F&B sector, top performers included ChaPanda (+10.2%), Guoquan (+9.0%), and Super Hi International (+7.0%), while underperformers were Xiabuxiabu (-8.0%), Bawang Chaji (-8.9%), and Naixue's Tea (-9.8%) [6]. - In the designer toys sector, Miniso showed a modest gain of +2.2%, while Pop Mart and Blokees experienced declines of -3.3% and -4.2%, respectively [6].