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As of publication, the broad consumer spending concept sector has maintained its momentum in the afternoon trading session, with medical beauty and pet economy stocks leading the gains. Notably, Lirenlizhuang has achieved the daily trading limit for three consecutive days, while Lafang Home Cosmetics and Yuanfei Pet have also reached their respective caps. Additionally, Tianyuan Pet, Jinbo Biology, Bailong Chuangyuan, and Lushi Stocks have all hit record highs. According to Yuekai Securities, the domestic consumer medical market holds immense potential, with a projected scale that could surpass the trillion mark. Specifically, the medical beauty sector is anticipated to reach a market size of 352.9 billion yuan by 2025. This optimistic forecast has further fortified market sentiment towards the broad consumer spending concept sector.
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