China Consumer Stocks Rally; Qingdao Foods Hits 5th Straight Limit-Up

A fifth straight limit-up in a single food name, alongside limit-ups across baijiu and snack peers, points to conviction broadening beyond one large-cap leader rather than a purely index-driven move. The pattern matters for domestic retail sentiment and for how consumer exposure is priced in a market where sector rotation has been sharp. The open question is whether this breadth holds once the most speculative names cool, or whether it stays concentrated in the stocks now pinned at their daily caps.