Daily Investment Strategy
Daily focus：Want Want China Holdings (0151)
Performance diverged in the first half of 2026. Rice crackers and snacks saw strong growth driven by diversified new channels, but dairy and beverages were dragged down by cost pressures and competition. New channel partnerships and new product promotions will enhance brand penetration, but increased cash flow and promotional expenses will pose challenges for future operations. However, new products and diversified channels are expected to become the main drivers of growth.
Monday saw continued rebound momentum
Major stock indexes attempted to extend the strong rebound that began last Friday. On the same day, New York Fed President Williams stated that there was still room for interest rate cuts, leaving open the possibility of a December rate cut. Key macroeconomic events this week include September US retail sales data and the September producer price index, both to be released on Tuesday, and both of these figures will help shape market expectations for the Fed's final meeting of the year.
Hong Kong Stock Connect saw a net inflow of HK$8.5 billion on Monday, with Alibaba (9988) experiencing the largest net inflow at HK$4.07 billion, followed by Tencent Holdings (700). On the other hand, SMIC (981) recorded the largest net outflow at HK$1.02 billion, followed by CNOOC (883).
Leung Kai Tong is a SFC licensed person accredited to KGI Group to carry on regulated activities (for details, please refer to https://apps.sfc.hk/publicregWeb/indi/ADU276/details). He and/or his associate do not have any financial interest in the recommended issuer or new listing applicant.
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