(Update Apr 26 morning) Shortly after this report, Wan Jia Wan Hao (Xin Yu Star) stock (600576) gained 5%, the maximum percentage it can go as this is a “ST” stock. What can I say about this crazy market?
Dong Fang Securities, a Chinese brokerage firm, did a report about the new trend of Chinese consumers. Here is a summary. Some of the highlighted industry: medical, budget hotels, media (advertisement), and jewelry.
You can baidu the report if you are interested. The report listed some public companies (in China) may benifit from this trend.