中信证券指出，临近春节，叠加自上而下不断对内需的重视、政策预期升温，消费有望迎来新一轮反弹修复。政策端，除“以旧换新政策接续”外，我们认为仍有一揽子促消费工具箱可供使用，如对汽车首购群体给予补贴、生育补贴、国补餐饮旅游消费券发行等等。Dining stocks rose broadly in the morning session. As of the time of publication, Helen's (09869) increased by 8.16%, reporting at 3.18 HKD; DPC DASH (01405) rose by 7.39%, reporting at 87.9 HKD; JIUMAOJIU (09922) increased by 5.66%, reporting at 4.11 HKD; HAIDILAO (06862) rose by 4.83%, reporting at 17.78 HKD.
According to Zhitong Finance APP, Dining stocks rose broadly in the morning session. As of the time of publication, Helen's (09869) increased by 8.16%, reporting at 3.18 HKD; DPC DASH (01405) rose by 7.39%, reporting at 87.9 HKD; JIUMAOJIU (09922) increased by 5.66%, reporting at 4.11 HKD; HAIDILAO (06862) rose by 4.83%, reporting at 17.78 HKD.
In terms of news, with the arrival of the year-end Consumer peak season, many places have launched a new round of Consumer coupon distribution activities, increasing support for Dining, cultural tourism, and other Consumer sectors. Sinolink pointed out that the distribution of Consumer coupons further expands the coverage of the activities. Consumer coupons have a direct pulling effect on the Dining industry, which is beneficial in stimulating local Dining industry's consumption demand.
CITIC SEC pointed out that with the Spring Festival approaching and the continuous emphasis on domestic demand from top to bottom, along with rising policy expectations, Consumer spending is expected to welcome a new round of rebound and recovery. On the policy side, in addition to the "old-for-new policy continuation," we believe there is still a toolbox of measures available to promote Consumer spending, such as subsidies for first-time car buyers, childbirth subsidies, and issuing consumption vouchers for Dining and tourism.
