A-share tax refund store stocks rallied in early trading, with Maoye Commercial rising over 5%, followed by gains in other stocks such as Baida Group, Nanning Department Store, Guangbai Co., Ltd., and Cuiwei Co., Ltd. This surge was driven by news th

2026-09-01

A-share tax refund store stocks rallied in early trading, with Maoye Commercial rising over 5%, followed by gains in other stocks such as Baida Group, Nanning Department Store, Guangbai Co., Ltd., and Cuiwei Co., Ltd. This surge was driven by news that seven departments, including the Ministry of Commerce, issued implementation opinions on promoting the expansion and upgrading of commodity consumption: by 2030, total retail sales of consumer goods will reach approximately 60 trillion yuan, with continued growth in retail sales of trillion-yuan categories such as automobiles, home appliances, communication equipment, and textiles and apparel.