浙商证券浙商早知道-20251224

Market Overview - On December 23, the Shanghai Composite Index rose by 0.07%, the CSI 300 increased by 0.2%, the STAR 50 gained 0.36%, the CSI 1000 fell by 0.22%, the ChiNext Index rose by 0.41%, and the Hang Seng Index decreased by 0.11% [4] - The best-performing sectors on December 23 were power equipment (+1.12%), building materials (+0.88%), electronics (+0.58%), non-ferrous metals (+0.42%), and banking (+0.37%). The worst-performing sectors were social services (-2.07%), beauty and personal care (-1.65%), retail (-1.6%), defense and military (-1.42%), and computers (-1.05%) [4] - The total trading volume for the A-share market on December 23 was 1.9214 trillion yuan, with a net inflow of 611 million Hong Kong dollars from southbound funds [4] Important Recommendations Company: Hu Shang A Yi (02589) - The company is positioned in the fast-growing ready-to-drink beverage sector, which is currently a scarce high-quality consumer niche with a market potential that remains vast due to low penetration rates and high-quality offerings [5] - The company is expected to achieve significant growth through channel expansion and overseas development, with a clear growth path supported by strong brand recognition and supply chain advantages [5] - Revenue projections for 2025-2027 are 4,002 million, 4,617 million, and 5,471 million yuan, with growth rates of 22%, 15%, and 19% respectively. Net profit is expected to be 505 million, 578 million, and 694 million yuan, with growth rates of 53%, 14%, and 20% respectively [6] Company: Perfect World (002624) - The company is anticipated to exceed market expectations in terms of revenue from its new game "Yihuan" and its long-term operational capabilities [8] - Revenue forecasts for 2025-2027 are 6,970 million, 10,921 million, and 11,207 million yuan, with growth rates of 25.12%, 56.68%, and 2.62% respectively. Net profit is projected to be 820 million, 1,830 million, and 2,170 million yuan, with growth rates of 163.72%, 123.09%, and 18.55% respectively [8]