00291 Should I Buy

The analyst rating from the article is based on the encouraging consumption performance during the Lunar New Year holiday, particularly in the catering and tourism sectors. Daiwa highlighted robust demand in these areas and recommended prioritizing stocks that benefit from this demand. The report noted initial signs of reflation in the Chinese economy, driven by service consumption, with rising prices and reduced promotional activities in relevant sectors. The strong performance of catering sales during the holiday exceeded expectations, and there was a noted improvement in consumer confidence, contributing to a positive outlook for companies like GUMING and YUM CHINA. Conversely, the broker expressed caution regarding MIXUE GROUP due to weakened visibility in profit growth, resulting in a Neutral rating for that stock.