Citi Research: Chinese Consumption Sector Prioritizes Sustainable Profit Growth; Recommended Stocks Include ANTA SPORTS, HAIDILAO, POP MART, and More | Intellectia.AI
Citi Research: Chinese Consumption Sector Prioritizes Sustainable Profit Growth; Recommended Stocks Include ANTA SPORTS, HAIDILAO, POP MART, and More
Written by Emily J. Thompson, Senior Investment Analyst
Citi Research Forecast: Citi Research predicts a shift in investor portfolios between 'value' and 'growth' in China's consumption sector, emphasizing a cautious outlook on immediate government consumption stimulation in a low-inflation environment.
Top Stock Picks: In the consumer discretionary sector, Citi's top picks include ANTA SPORTS, POP MART, HAIDILAO, Atour Lifestyle, and MIDEA GROUP, while in consumer staples, they favor CHINA RES BEER, EASTROC BEVERAGE, and MAO GEPING.
Potential Outperformance: If China's consumption recovery surpasses expectations, stocks like LI NING, CTG DUTY-FREE, and HAITIAN FLAV are anticipated to outperform the market.
Short Selling Data: The report includes short selling data for various stocks, indicating market sentiment and potential risks associated with these investments.
Wall Street analysts forecast 00291 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00291 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00291 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00291 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 26.020
Low
Averages
High
Current: 26.020
Low
Averages
High
Daiwa
Buy
downgrade
$38 -> $36
Al Analysis
2025-11-17
Reason
Daiwa
Price Target
$38 -> $36
Al Analysis
2025-11-17
downgrade
Buy
Reason
The analyst rating from Daiwa for CHINA RES BEER is reiterated as "Buy" due to the company's strong execution and flexible strategy, which allows it to effectively respond to the rapidly changing preferences of young Chinese consumers. The management's focus on embracing new channels and developing innovative flavors is seen as a positive factor. However, the rating comes with a cautionary note, as Daiwa has lowered its core EPS forecasts for 2025-2027 by 4% due to a potential slowdown in the expansion rate of average selling price and profit margin. Consequently, the target price has been adjusted from $38 to $36, based on a target PE ratio of 18x for 2026.
CCBI
CCBI
maintain
2025-08-22
Reason
CCBI
CCBI
Price Target
2025-08-22
maintain
Reason
The analyst rating for CHINA RES BEER (00291.HK) was kept at "Outperform" by CCBI due to a 10% year-over-year increase in core earnings, which slightly beat expectations. Additionally, the broker raised its earnings forecasts for 2025 and 2026 by 13% and 9%, respectively, to account for one-off gains and improved beer product margins. Consequently, the target price was increased from $33.6 to $35.1.
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DBS Group Research
DBS Group Research
Buy
upgrade
$38
2025-08-22
Reason
DBS Group Research
DBS Group Research
Price Target
$38
2025-08-22
upgrade
Buy
Reason
The analyst rating for CHINA RES BEER (00291.HK) from DBS Group Research is attributed to the company's better-than-expected 1H25 core earnings, which are driven by noticeable sales growth and effective cost control. The report highlights that CHINA RES BEER is accelerating its channel expansion and benefiting from increased household consumption, contributing to its rapid growth. Additionally, the company's profit rebound from July to August supports low single-digit sales growth and a slight increase in average prices for the year. As a result, DBS Group Research has lifted its target price and maintained a Buy rating.
CLSA
CLSA
Outperform
upgrade
$40 -> $41
2025-08-21
Reason
CLSA
CLSA
Price Target
$40 -> $41
2025-08-21
upgrade
Outperform
Reason
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
