Daily Brief Consumer: Fu Shou Yuan, Tokyo Stock Exchange Tokyo Price Index Topix and more

In today’s briefing:

Fu Shou Yuan (1448.HK) – Some Points Worth the Attention
Expected More Companies to Obtain ISO Certification, Which Would Share Disclosure Information Risk

Fu Shou Yuan (1448.HK) – Some Points Worth the Attention

The second wave of pandemic is important logic to drive up Fu Shou Yuan’s share price, but the peak value/lethality could be lower than first wave, leading to lower-than-expected demand.
Whether the second wave can “arrive as expected” may not depend on pandemic itself, but on “whether to let it happen”,especially when China’s making every effort to promote economic recovery.
Besides solid fundamentals/optimistic performance, hot market sentiment is very essential if Fu Shou Yuan (1448 HK)’s share price is to outperform. Policy changes are also a potential source of unease.

Since companies are in the process of raising their own human capital efforts, it’s good to use ISO 30414 certification as an opportunity to see how well they are doing.
Many companies may believe that ISO will share the risk of information at the time of disclosure with respect to the accuracy of the disclosed information.
Since perfect information doesn’t seem to be required in the Annual Securities Report for FY3/2023, the information will actually be available for intercompany comparisons starting with that for FY3/2024.

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