Credit Suisse released a report pointing out that the central government has intensified stimulus policies in the past two days to boost the economy. The market is waiting for the execution and impact of the scale. The bank believes that lowering mortgage rates on the mainland will help alleviate household financial burdens (partially offset by lower domestic incomes) and expects more policies or effective implementation to help stabilize real estate prices (wealth effect), as well as stabilize unemployment (especially among the younger generation) and wage reduction situations.

The bank mentioned that among the 60 stocks it covers, it prefers Guizhou Maotai (600519.SH), ChinaRes Beer (00291.HK), Pop Mart (09992.HK), and includes Lao Feng Xiang Gold (06181.HK) in its preferred list, bullish on its high-end gold jewelry brand focusing on craftsmanship. The bank is also bullish on companies potentially undergoing spin-offs or second listings, such as WH Group (00288.HK), Prada (01913.HK), and Samsonite (01910.HK). The bank has removed Miniso (MNSO.US) from its preferred list as its rating has recently been downgraded to 'hold'.