Hong Kong Stock Movement: BUSYMING (01768) Surges Over 5%, National Store Network Expands Rapidly, Snack Bulk Retail Channel Maintains Relative Advantage

Stock News
6 hours ago

BUSYMING (01768) rose more than 5%, reaching 5.04% as of press time, at HK$354.2, with a turnover of HK$106 million.

On the news front, in the first half of this year, BUSYMING leveraged the synergistic advantages of its dual brands "Snack Busy + Zhao Yiming Snacks," with the franchise model continuing to gain momentum and its national store network expanding rapidly, driving overall revenue to achieve 60% high growth.

Goldman Sachs previously noted in a research report that the company had nearly 29,000 stores open as of the end of August this year, with unit economics across its store system remaining healthy and continuing to penetrate lower-tier cities. The current valuation is considered attractive.

Guotai Haitong Securities pointed out that holiday dining demand is concentrated, with family gatherings and travel bringing incremental scenarios. The snack sector is showing divergence in performance, with the bulk retail channel maintaining a relative advantage.

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