On September 25, NONGFU SPRING declined 3.02% in regular trading, trading at HK$37.94/share with turnover of HK$41.21 million, breaking below its prior 52-week low of HK$38.40 amid broad-based selling across the soft drinks sector.

Within the Soft Drinks sector, peers faced widespread pressure, with EASTROC down 3.1%, China Foods down 2.18%, 5100 Xizang down 0.99%, and CR Beverage down 0.47%. A recent CLSA research note flagged that August beverage demand showed no signs of improvement, pointing to persistent industry headwinds that continue to weigh on sentiment.

The decline comes despite solid H1 results reported in late August, with revenue of RMB 29.72 billion (up 16.0% YoY) and net profit of RMB 8.89 billion (up 16.6% YoY), led by strong tea beverage growth of 30.1%. Founder Zhong Shanshan also conducted open-market purchases on September 17-18, lifting his stake to 64.37%. Multiple brokerages maintain positive ratings with target prices ranging from HK$47.80 to HK$60.93.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)