Goldman Sachs has published a report indicating that the stock prices of freshly-made drinks companies under its coverage have snowballed by an average of 39% since JD-SW (09618.HK) +0.100 (+0.078%) Short selling $327.15M; Ratio 18.028% announced a RMB 10billion delivery subsidy program on April 11, accompanied by increased subsidies and investments from Ele.me and MEITUAN-W (03690.HK) +4.100 (+3.001%) Short selling $1.53B; Ratio 17.953% .According to reports and channel surveys, a significant portion of JD Food Delivery's delivery orders have flowed to freshly-made drinks brands, with Cotti and Luckin leading in order volume, followed by several large freshly-made tea brands.Related NewsNomura Slashes MEITUAN-W (03690.HK) TP to $176, Keeps Rating at Buy, Expects Intense Competition Unlikely to Last Over YrGoldman Sachs believed that quality companies like MIXUE GROUP (02097.HK) +29.500 (+5.034%) , GUMING (01364.HK) +2.200 (+8.059%) Short selling $47.82M; Ratio 17.833% , and YUM CHINA (09987.HK) -4.800 (-1.399%) Short selling $7.44M; Ratio 5.238% would remain long-term winners. It raised its target price for GUMING from HKD21 to HKD29.2, while maintaining the Buy rating unchanged.The broker also elevated MIXUE GROUP's TP from HKD484 to HKD597 with a Buy rating maintained. Its target prices for other catering consumer stocks are detailed in a separate table.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-04 16:25.)