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Beauty and personal care sector surges over 3.5% intraday, cosmetics retail sales hit a near-decade high for the same period
The beauty and personal care sector rose 3.58% intraday. Lafang China gained 9.98%, SYoung Group rose 6.35%, Marubi Biotechnology climbed 5.03%, Shanghai Jahwa advanced 4.31%, and Huaye Spice added 4.12%. According to the National Bureau of Statistics, cosmetics retail sales in June 2026 reached 45.6 billion yuan, the highest for the same month in nearly a decade, up 12.6% year-on-year. For the first six months, total cosmetics retail sales amounted to 244.5 billion yuan, a year-on-year increase of 6.3%. Haitong International noted that China's cosmetics industry entered a stock competition phase in 2026, with full-year retail sales growth expected to reach 11%, and the market share of domestic brands likely to rise to 51%. Shenwan Hongyuan believes the industry is entering a new development cycle driven by efficacy innovation, where research and development of functional ingredients and clinical validation capabilities will become core competitive barriers.