中国消费行业：2026 年 GCC 会议要点 -估值仍具吸引力，消费复苏迹象显现-China Consumer Sector_ 2026 GCC takeaways_ Sector valuation remains attractive with signs of consumption recovery

ab 20 January 2026 Global Research China Consumer Sector 2026 GCC takeaways: Sector valuation remains attractive with signs of consumption recovery Green shoots in consumer confidence with increasing divergence in preferences We hosted ~35 consumer companies (listed and private), one expert panel on shopping malls and new consumption trends, and a tour in Shanghai and Hangzhou. Despite the near-term property market downturn, we have seen green shoots in consumer confidence and think improving stock market r ...