The Zhitong Finance App learned that Ming Ming was very busy (01768), up more than 5%. As of press release, it had risen 5.04% to HK$354.2, with a turnover of HK$106 million.

According to news, in the first half of this year, Ming Ming was very busy. Relying on the “Busy Snacks+Zhao Yiming Snacks” dual brand synergy, the franchise model continued to gain strength, and the national store network expanded rapidly, driving overall revenue growth of 60%. Goldman Sachs's previous research report indicated that as of the end of August this year, the total number of stores opened was close to 29,000, and the economic performance of the store system units remained healthy, and continued to penetrate into low-tier cities. I think current price valuations are attractive. Cathay Pacific Haitong Securities pointed out that demand for food is concentrated during the holidays, and family gatherings and travel have increased the scene. The snack industry is divided, and mass sales channels maintain their comparative advantage.

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