According to the Wisdom Financial APP, dining stocks surged, as of the time of publication, Helen's Company (09869) rose by 16.04%, to HKD 3.4; Jiumaojiu (09922) rose by 12.98%, to HKD 4.09; Xiabuxiabu (00520) rose by 9.17%, to HKD 1.19; Haidilao (06862) rose by 6.46%, to HKD 17.46.

On the news front, Sheng Qiuping, Deputy Minister of the Ministry of Commerce, recently stated that the Ministry of Commerce will work with relevant departments to introduce a batch of new policies in the consumer sector. Five cities will also introduce supporting policies. For example, Shanghai and Guangzhou will launch support and incentive policies for first-store openings, first performances, and exhibitions; Beijing, Tianjin, Shanghai, and Chongqing will issue dining, cultural tourism, sports, and other service consumption vouchers.

Guosen Securities believes that the operating performance of catering sector companies in the first half of 2024 is under pressure. However, leading catering companies with strong supply chain foundations and strong brand consumer stickiness still have relative advantages in operating performance, recording good alpha growth. Considering the frequent combination of consumption promotion measures in recent times, the catering sector is expected to benefit from both fundamental and sector sentiment, balancing operational performance certainty and the gradual recovery of the consumption environment.