Domino's Pizza is weakening along with overall consumer sentiment. Its valuation is relatively high among consumer goods, so a pullback is not surprising.
Mixue has stabilized. In the Hong Kong stock market, the bubble tea sector is relatively resilient to declines. The logic of the lower-tier market has not changed in the short term.
China Telecom's ADR is slightly weakening. Telecom stocks lack catalysts during this period and are mainly moving sideways. 🙄
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