China's Retail Sales Growth Could Strengthen in October -- Market Talk

Dow Jones10-18

0732 GMT - China's retail sales could post stronger growth momentum in October due to stimulus policies announced in late September and an expected boost from a shopping festival, Jefferies analysts say in a note. "Feel-good effects" from a stronger stock market and the stimulus measures announced so far have helped bolster consumer demand, but upcoming fiscal support from could disappoint on the consumption front, they note. Companies with already weak distribution channels would feel the impact of underwhelming fiscal stimulus the most. Jefferies sees liquor brand Wuliangye Yibin and appliance maker Gree Electric Appliances as most vulnerable, preferring Moutai and Midea respectively. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

October 18, 2024 03:33 ET (07:33 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2476473077?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-18 15:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2476473077","market":"hk","top_or_hot":-1,"title":"China's Retail Sales Growth Could Strengthen in October -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0732 GMT - China's retail sales could post stronger growth momentum in October due to stimulus policies announced in late September and an expected boost from a shopping festival, Jefferies analysts say in a note. \"Feel-good effects\" from a stronger stock market and the stimulus measures announced so far have helped bolster consumer demand, but upcoming fiscal support from could disappoint on the consumption front, they note. Companies with already weak distribution channels would feel the impact of underwhelming fiscal stimulus the most. Jefferies sees liquor brand Wuliangye Yibin and appliance maker Gree Electric Appliances as most vulnerable, preferring Moutai and Midea respectively. (sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 18, 2024 03:33 ET (07:33 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Retail Sales Growth Could Strengthen in October -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Retail Sales Growth Could Strengthen in October -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-18 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0732 GMT - China's retail sales could post stronger growth momentum in October due to stimulus policies announced in late September and an expected boost from a shopping festival, Jefferies analysts ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHAU","symbol_name":"二倍做多沪深300(Direxion)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2476473077","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476473077","pubTimestamp":1729236780,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0732 GMT - China's retail sales could post stronger growth momentum in October due to stimulus policies announced in late September and an expected boost from a shopping festival, Jefferies analysts say in a note. \"Feel-good effects\" from a stronger stock market and the stimulus measures announced so far have helped bolster consumer demand, but upcoming fiscal support from could disappoint on the consumption front, they note. Companies with already weak distribution channels would feel the impact of underwhelming fiscal stimulus the most. Jefferies sees liquor brand Wuliangye Yibin and appliance maker Gree Electric Appliances as most vulnerable, preferring Moutai and Midea respectively. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"600519":"贵州茅台","CHAU":"二倍做多沪深300(Direxion)","CWEB":"两倍做多沪深中国互联网股票ETF-Direxion","ASHR":"德银沪深300指数ETF","000651":"格力电器","000333":"美的集团","KWEB":"中国海外互联网ETF-KraneShares","000858":"五粮液","FXI":"中国大盘股ETF-iShares"},"translate_title":"中国10月份零售额增长可能走强——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600519":0.9,"000333":0.9,"000651":0.9,"000858":0.9,"CWEB":0.8,"KWEB":0.8,"ASHR":0.7,"CHAU":0.7,"FXI":0.7},"content_text":"0732 GMT - China's retail sales could post stronger growth momentum in October due to stimulus policies announced in late September and an expected boost from a shopping festival, Jefferies analysts say in a note. \"Feel-good effects\" from a stronger stock market and the stimulus measures announced so far have helped bolster consumer demand, but upcoming fiscal support from could disappoint on the consumption front, they note. Companies with already weak distribution channels would feel the impact of underwhelming fiscal stimulus the most. Jefferies sees liquor brand Wuliangye Yibin and appliance maker Gree Electric Appliances as most vulnerable, preferring Moutai and Midea respectively. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 18, 2024 03:33 ET (07:33 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Economic Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2476473077"}