Investment Rating - The report assigns an "Outperform" rating to several companies including Pop Mart, Anta Sports, Huazhu Hotels, and Haidilao, while Budweiser APAC is rated "Neutral" [1]. Core Insights - The report highlights significant developments in the F&B sector, including Naixue's Tea announcing Gao Yuanyuan as its brand spokesperson and Mixue piloting a breakfast menu in select locations [6][7]. - The consumer goods trade-in program has driven sales exceeding RMB 2.5 trillion from January to November, benefiting over 360 million people [6]. - Haier Smart Home and LG Chem have established a joint laboratory to enhance their strategic cooperation in new product development [6]. Weekly Performance Summary - Key performers in the F&B sector include Tongqinglou (+9.3%) and DPC Dash (+4.6%), while underperformers include Yum China (-4.0%) and Xiaocaiyuan (-4.3%) [2][7]. - In the home appliance sector, TCL Electronics (+8.5%) and Roborock (+6.6%) showed strong performance, while Marssenger Kitchenware (-4.6%) and Zhejiang Meida (-6.9%) lagged [2][7].
餐饮、潮玩及家电行业周报-20251207
Haitong Securities International·2025-12-07 12:31