Swallow's House (01497) rose more than 5%. As of press release, it rose 5.27% to HK$10.78, with a turnover of HK$1.99 million.
The Zhitong Finance App learned that Swallow's House (01497) rose by more than 5%. As of press release, it had risen 5.27% to HK$10.78, with a turnover of HK$1.99 million.
Southwest Securities pointed out that the bird's nest industry has continued to grow rapidly, with a compound growth rate of 35.7% in the past 6 years. Fresh stewed bird's nest and bird's nest+ have ushered in a new wave of demand. As a leading brand, the company is expected to be the first to enjoy the dividends of industry expansion. Currently, the concentration of the bird's nest market is low. The total share of the top five bird's nest companies is only 11.9%, and there is still plenty of room for future market share improvement. The company's nationalization process has begun at an accelerated pace. It already has 635 offline physical stores, and it is expected that it will continue to promote market coverage through the omnichannel model.