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Beauty and personal care concept stocks surged in the afternoon, with HangZhou Nbond Nonwovens reaching a trading limit.

Breakings ·  Jun 4 13:16

Beauty and personal care concept stocks strengthened in the afternoon, with HangZhou Nbond Nonwovens hitting the ceiling, and Jiega Company, SYoung Group, Anhui Hyea Aromas rising over 10%, while Hangzhou Haoyue Personal Care, Jinbo Biological, Lushang Freda Pharmaceutical, Runben Group, Lafang China also followed suit. According to the National Bureau of Statistics, retail sales of consumer goods in April grew by 5.7% year-on-year, accelerating by 0.5 percentage points from March. Among them, retail sales of cosmetics increased by 9.8%, significantly higher than the overall growth rate.

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