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瑞銀：中國K型消費趨勢料延續 市場低估高端美妝市場復蘇

Future Wealths
Future Wealths
24 9 月, 2026
One Min Read
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瑞銀投資研究部表示，定價能力改善及消費結構分化，正逐步成為中國消費行業的重要投資主題，該行最新兩份報告指出，市場或低估部分消費品類的再通脹潛力，以及高端美妝市場的復蘇力度。

原文: https://finance.mingpao.com/fin/instantf/20260924/1790225226802/%E7%91%9E%E9%8A%80-%E4%B8%AD%E5%9C%8Bk%E5%9E%8B%E6%B6%88%E8%B2%BB%E8%B6%A8%E5%8B%A2%E6%96%99%E5%BB%B6%E7%BA%8C-%E5%B8%82%E5%A0%B4%E4%BD%8E%E4%BC%B0%E9%AB%98%E7%AB%AF%E7%BE%8E%E5%A6%9D%E5%B8%82%E5%A0%B4%E5%BE%A9%E8%98%87%22%20target=%22blank

Last Update: 24 9 月, 2026

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