商贸零售行业跟踪周报：布鲁可、古茗和蜜雪集团即将入通，关注新消费配置机会

Investment Rating - The report maintains an "Overweight" rating for the retail industry [1] Core Insights - The report highlights the upcoming inclusion of companies Bruker, Guming, and Mixue Group into the Hong Kong Stock Connect, indicating potential investment opportunities in new consumer sectors [4][9] - Bruker, as the leading building block toy brand in China, has achieved a market share of 30.3% in 2023, with a global market share of 7.4%. The company is expected to continue its rapid growth through new IP and product launches [4][9] - Guming, the leading ready-to-drink tea brand in China, has expanded its store count to 9,914 by the end of 2024, with a projected GMV of 22.4 billion yuan. The company is well-positioned to capture market share through its differentiated competitive advantages [4][10] - Mixue Group, a leader in affordable ready-to-drink beverages, has established a comprehensive supply chain and has expanded to 45,302 stores by September 2024. The company holds a 31% market share in the sub-10 yuan price segment [4][10] - The report suggests focusing on the newly included consumer brands and highlights the potential for increased brand value and market share due to changing consumer habits [4][11] Summary by Sections Industry Trends - The report notes a 1.29% increase in the retail index from June 2 to June 6, 2025, and a year-to-date increase of 9.30% [12][23] Company Valuation Table - The report includes a valuation table for various companies, indicating their market capitalization and projected earnings [21] Market Performance - The report provides insights into the performance of various indices, with the retail index showing a positive trend compared to other sectors [12][22]