MIXUE GROUP (02097) experienced a significant upturn during Monday's intraday trading, with its stock price soaring by 8.72%. This impressive gain comes as part of a broader surge in new consumer stocks on the Hong Kong stock market.
The rally in MIXUE GROUP's shares reflects a robust trend across the consumer sector. Other notable performers in the same category include Auntea Jenny, which led the pack with a remarkable 15% increase, followed by Weilong Delicious with an 11% gain. Mao Geping and Pop Mart matched MIXUE GROUP's performance, each rising by 8%.
This widespread upward movement in consumer stocks suggests a positive shift in investor sentiment towards the sector. Companies like Guoquan, Nayuki, Giant Biogen, and Laopu Gold also benefited from this trend, with gains ranging from 5% to 7%. The collective surge in these stocks indicates a strong market confidence in the consumer goods and services industry, potentially driven by favorable economic indicators or positive company-specific news.