BUSYMING (01768.HK) Soars 88.1% to $445 on First Day of Trading
Stock Performance: BUSYMING (01768.HK) closed at $408 in the gray market, reflecting a 72.4% increase from its listing price of $236.6.
Market Debut: On its debut, the stock opened at $445, marking an 88.1% rise from the listing price, with 3.46 million shares traded at market open.
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HSBC Research: Anticipated Extended Spring Festival Holiday in 2026 to Enhance Hotel Performance Beyond Projections
Travel Growth: The extended Spring Festival holiday resulted in a 19% increase in domestic travel and an 18.7% rise in travel spending, with per capita consumption remaining stable.
Hotel and Baijiu Performance: Hotel performance exceeded expectations, while baijiu sales aligned with forecasts, indicating a positive trend in the hospitality sector.
Stock Market Insights: HSBC Global Research expressed optimism for several companies, including BUSYMING and KWEICHOW MOUTAI, while noting short selling activity in the market.
Short Selling Data: The report highlighted significant short selling amounts for various stocks, with ratios indicating investor sentiment towards these companies.
<Research>CMS Begins Coverage of BUSYMING (01768.HK) with Strong Buy Rating, Expects Market Share Growth
Research Report Release: China Merchants Securities (CMS) has initiated coverage on BUSYMING (01768.HK) with a "Strongly Recommend" rating, projecting adjusted net profits of RMB2.52 billion, RMB3.39 billion, and RMB4.37 billion for 2025-2027.
Market Position and Growth: The report highlights the efficiency of the wholesale snack channel and anticipates BUSYMING will enhance its market penetration and continue rapid store openings, as the industry consolidates around leading companies.
Quality Leadership: BUSYMING's team is noted for its high quality in areas such as supply chain management, warehouse distribution, expansion, and branding, which positions the company favorably in a competitive market.
Economies of Scale: The report suggests that as the industry benefits from economies of scale, stronger companies like BUSYMING are expected to gain market share and gradually increase profitability.
BUSYMING (01768.HK) Sees 69.1% Surge, Closing at $400 After IPO
BUSYMING Debut Performance: BUSYMING (01768.HK) opened at $445, marking an 88.1% increase from its listing price of $236.6, and closed at $400, a 69.1% gain.
Trading Volume and Turnover: The stock saw a trading volume of 7.88 million shares and a turnover of $3.31 billion, with a book gain of $16,340 per board lot of 100 shares.
BUSYMING (01768.HK) Soars 88.1% to $445 on First Day of Trading
Stock Performance: BUSYMING (01768.HK) closed at $408 in the gray market, reflecting a 72.4% increase from its listing price of $236.6.
Market Debut: On its debut, the stock opened at $445, marking an 88.1% rise from the listing price, with 3.46 million shares traded at market open.
HSBC Research: Anticipated Extended Spring Festival Holiday in 2026 to Enhance Hotel Performance Beyond Projections
Travel Growth: The extended Spring Festival holiday resulted in a 19% increase in domestic travel and an 18.7% rise in travel spending, with per capita consumption remaining stable.
Hotel and Baijiu Performance: Hotel performance exceeded expectations, while baijiu sales aligned with forecasts, indicating a positive trend in the hospitality sector.
Stock Market Insights: HSBC Global Research expressed optimism for several companies, including BUSYMING and KWEICHOW MOUTAI, while noting short selling activity in the market.
Short Selling Data: The report highlighted significant short selling amounts for various stocks, with ratios indicating investor sentiment towards these companies.
<Research>CMS Begins Coverage of BUSYMING (01768.HK) with Strong Buy Rating, Expects Market Share Growth
Research Report Release: China Merchants Securities (CMS) has initiated coverage on BUSYMING (01768.HK) with a "Strongly Recommend" rating, projecting adjusted net profits of RMB2.52 billion, RMB3.39 billion, and RMB4.37 billion for 2025-2027.
Market Position and Growth: The report highlights the efficiency of the wholesale snack channel and anticipates BUSYMING will enhance its market penetration and continue rapid store openings, as the industry consolidates around leading companies.
Quality Leadership: BUSYMING's team is noted for its high quality in areas such as supply chain management, warehouse distribution, expansion, and branding, which positions the company favorably in a competitive market.
Economies of Scale: The report suggests that as the industry benefits from economies of scale, stronger companies like BUSYMING are expected to gain market share and gradually increase profitability.
BUSYMING (01768.HK) Sees 69.1% Surge, Closing at $400 After IPO
BUSYMING Debut Performance: BUSYMING (01768.HK) opened at $445, marking an 88.1% increase from its listing price of $236.6, and closed at $400, a 69.1% gain.
Trading Volume and Turnover: The stock saw a trading volume of 7.88 million shares and a turnover of $3.31 billion, with a book gain of $16,340 per board lot of 100 shares.
BUSYMING (01768.HK) Soars 88.1% to $445 on First Day of Trading
Stock Performance: BUSYMING (01768.HK) closed at $408 in the gray market, reflecting a 72.4% increase from its listing price of $236.6.
Market Debut: On its debut, the stock opened at $445, marking an 88.1% rise from the listing price, with 3.46 million shares traded at market open.
