HELENS, a Hong Kong-listed company, witnessed a significant surge of 15.99% in its stock price during intraday trading on Thursday. This upward movement is attributed to growing optimism among investors regarding potential measures aimed at bolstering domestic consumption in China.
The surge in HELENS' stock price comes as Chinese authorities are expected to unveil more concrete policies to stimulate consumer spending during the ongoing Central Economic Work Conference. Traders are anticipating the announcement of specific measures, such as voucher programs and stimulus initiatives, to revive the slowing economy and boost domestic demand.
Shen Meng, a director at Chanson & Co., a boutique investment bank, commented, "The expectation of more specific policy measures to boost consumption during the economic work conference, combined with previous stimulus policies, will have a positive impact on the overall market sentiment." This sentiment has fueled the rally in consumption-related stocks, including HELENS.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。