New consumer concept stocks in Hong Kong saw an uptick during early trading. Pop Mart rose more than 4% during the session, following a gain of over 6% in the previous trading day. Lao Feng Xiang Gold surged more than 5%, while Mixue Group advanced over 4%. Both Buluke and Miniso increased by more than 3%.
Recently, the Ministry of Commerce and eight other departments jointly issued the "2026 Work Plan for Improving Service Consumption Quality and Benefiting the People" (referred to as the "Work Plan"). The plan aims to expand the supply of high-quality services, unleash the potential of service consumption, and better meet the public's personalized, diversified, and high-quality service consumption needs. The Work Plan emphasizes the close integration of benefiting people's livelihoods and promoting consumption, as well as investing in both infrastructure and human capital. It focuses not only on upgrading service consumption infrastructure but also on addressing livelihood concerns such as care for the elderly and children, providing targeted support for sectors like home services, elderly care, and childcare. This approach promotes a positive interaction between consumption and investment, as well as between supply and demand.