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Retail concept stocks hit limit up as 60 trillion yuan consumer market target unveiled
Retail concept stocks rallied again in early trading on the 7th. Zhongbai Group and Central Emporium both hit their daily limit up, while Baida Group and Guofang Group had already done so earlier. Ningbo Zhongbai, Hebai Group, Dongbai Group, and Maoye Commercial followed higher. On the news front, the Ministry of Commerce and six other departments issued implementation guidelines on expanding and upgrading commodity consumption, proposing that total retail sales of consumer goods reach around 60 trillion yuan by 2030, and fostering markets worth over ten trillion yuan each in green consumption, smart consumption, and health consumption. Notably, Baida Group has now posted three consecutive limit-up sessions. Its 2026 interim report shows operating revenue of 86.3911 million yuan, down 6.13 percent year on year, and net profit attributable to the parent company of 11.3797 million yuan, down 80.33 percent. Second-quarter net profit attributable to the parent company was negative 16.275 million yuan, down 139.65 percent year on year, while accounts receivable stood at 188.77 percent of the latest annual net profit attributable to the parent company.
600280.CG · Regulation · Positive Central Emporium hit limit up as the Ministry of Commerce and six departments unveiled guidelines targeting 60 trillion yuan in retail sales by 2030, boosting retail concept stocks.
600865.CG · Regulation · Neutral Baida Group posted three consecutive limit-ups on the retail policy news, but its interim report showed revenue down 6.13% and net profit down 80.33%, with Q2 net profit negative.
600693.CG · Regulation · Positive Dongbai Group followed higher amid the retail sector rally driven by the government's consumer-market expansion guidelines.
600828.CG · Regulation · Positive Maoye Commercial rose with retail peers after the Ministry of Commerce guidelines set a 60 trillion yuan consumer market target.
600857.CG · Regulation · Positive Ningbo Zhongbai followed higher as retail concept stocks rallied on the government's consumption-expansion guidelines.
000759.CS · Regulation · Positive Zhongbai Holdings hit daily limit up as retail concept stocks rallied on Ministry of Commerce consumption-upgrade guidelines.