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China Consumer Tracker May retail sales turned negative y-o-y, but positives are emerging

发布日期: 2026-06-17研究机构: HSBC Global Investment Research公司 / 股票: 000333.SZ,000333.SZ报告页数: 19原文语言: 英语证据页码: 17

研报英文原文证据摘录

China Consumer Tracker May retail sales turned negative y-o-y, but positives are emerging

arding other research reports. In order to find out more about the proprietary models used to produce this report, please contact

the authoring analyst.

Additional disclosures

1 This report is dated as at 17 June 2026.

2 All market data included in this report are dated as at close 15 June 2026, unless a different date and/or a specific time of

day is indicated in the report.

3 HSBC has procedures in place to identify and manage any potential conflicts of interest that arise in connection with its

Research business. HSBC's analysts and its other staff who are involved in the preparation and dissemination of

Research operate and have a management reporting line independent of HSBC's Investment Banking business.

Information Barrier procedures are in place between the Investment Banking, Principal Trading, and Research businesses

to ensure that any confidential and/or price sensitive information is handled in an appropriate manner.

4 You are not permitted to use, for reference, any data in this document for the purpose of (i) determining the interest

payable, or other sums due, under loan agreements or under other financial contracts or instruments, (ii) determining the

price at which a financial instrument may be bought or sold or traded or redeemed, or the value of a financial instrument,

and/or (iii) measuring the performance of a financial instrument or of an investment fund.

5 This report may be a translation of a report authored in another language. If so, and if there is any discrepancy between

versions, the original-language version shall prevail.

Production & distribution disclosures

1. This report was produced and signed off by the author on 17 Jun 2026 06:51 GMT.

2.

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