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<Research>Citi Bullish on MENGNIU DAIRY, ANTA SPORTS & HAIDILAO in CN Consumer Sector
According to a Citi report, 37% of the 2025 results delivered by the Chinese consumer companies under the broker's coverage beat forecasts, 43% were in line with expectations, ...
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<Research>Citi Bullish on MENGNIU DAIRY, ANTA SPORTS & HAIDILAO in CN Consumer Sector
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According to a Citi report, 37% of the 2025 results delivered by the Chinese consumer companies under the broker's coverage beat forecasts, 43% were in line with expectations, and only 20% were worse than expected.

Looking ahead to 2026, most companies provided specific guidance rather than using general descriptions like "cautiously optimistic". However, investors' positive sentiment toward the sector has been disrupted by the Middle East conflict, as well as concerns over cost inflation and macro uncertainty, leading to divergent investor views.

Related News Citi Initiates 30-Day Positive Catalyst Watch on ANTA SPORTS (02020.HK); 1Q26 Sales Seen Beating Expectations
Citi is upbeat about the bounce back of downstream dairy producer MENGNIU DAIRY (02319.HK)  -0.320 (-1.852%)    Short selling $67.70M; Ratio 17.203%   , sportswear maker ANTA SPORTS (02020.HK)  +1.350 (+1.635%)    Short selling $167.81M; Ratio 23.512%   , as well as casual dining ecosystem players HAIDILAO (06862.HK)  +0.420 (+2.863%)    Short selling $130.24M; Ratio 17.943%   , CHINA RES BEER (00291.HK)  +0.200 (+0.741%)    Short selling $64.97M; Ratio 22.329%   , and HAITIAN FLAV (03288.HK)  +0.380 (+1.015%)    Short selling $8.26M; Ratio 20.751%   .

If risk appetite exceeds expectations, Citi estimates stronger performance from POP MART (09992.HK)  -1.800 (-1.179%)    Short selling $532.08M; Ratio 17.089%   , LI NING (02331.HK)  +0.340 (+1.500%)    Short selling $159.24M; Ratio 31.454%   , LAOPU GOLD (06181.HK)  +8.500 (+1.317%)    Short selling $251.34M; Ratio 32.105%   , CTG DUTY-FREE (01880.HK)  +0.100 (+0.154%)    Short selling $6.14M; Ratio 4.327%   , and EASTROC (9980.HK).
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

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