大消费行业周报（5月第2周）：茶饮品牌借资本东风开启全球扩张-20250512

Investment Rating - The report does not explicitly state an investment rating for the industry [3]. Core Insights - The new-style tea beverage brands are rapidly going public, leveraging capital to expand globally. On May 8, a leading tea brand, Hu Shang A Yi, listed on the Hong Kong Stock Exchange, closing its first day with a 40.03% increase, reaching a market value of over HKD 18.1 billion. This trend indicates a significant push for market share consolidation domestically and international expansion [3][4]. - The "May Day" holiday consumption data showed robust growth, with 314 million domestic travelers and total spending of CNY 180.27 billion, reflecting a year-on-year increase of 6.4% and 8.0%, respectively. This recovery trend is expected to continue, particularly benefiting sectors like tourism, dining, and hotels [4][5]. Market Weekly Review - The consumer sector experienced a decline in the past two weeks, with the home appliance, textile and apparel, food and beverage, retail, beauty care, and social services indices dropping by 3.25%, 4.09%, 4.14%, 5.66%, 8.51%, and 8.60%, respectively. The Shanghai and Shenzhen 300 index fell by 5.17% during the same period [4][6]. - Notable gainers in the food and beverage sector included Jiao Da Ang Li (+46.37%) and ST Jia Jia (+37.72%), while significant losers included Western Animal Husbandry (-19.92%) and ST Rock (-13.54%) [4][12][13]. Industry News and Key Company Announcements - The report highlights the upcoming Tmall 618 sales event, which will feature significant discounts and promotional strategies aimed at boosting consumer spending [15][17]. - Huangshan Tourism reported a record high of 147,600 visitors during the "May Day" holiday, a 13.82% increase year-on-year, indicating strong demand for tourism [16][19]. - The report also notes that the recycling platform Zhuanzhuan saw a 40% increase in orders during the holiday, reflecting a strong trend in circular consumption [19][20].