Expectations are particularly high for Pop Mart International Group, whose blind box toys have become a global phenomenon amid celebrity fanfare and strong overseas sales. Midea Group stands to benefit from China’s consumer trade-in measures. Haidilao International Holding and Nongfu Spring are also due.
Chinese consumer giants dominate next week’s earnings after a survey showed consumers are feeling increasingly optimistic and Beijing outlined plans to revive consumption by boosting incomes.
Earnings reports are seen as potential catalysts after details from a closely watched consumption-focused press conference earlier underwhelmed investors.
