AsianFin -- Earnings reports from Meituan and Chow Tai Fook Jewellery Group Ltd. are set to provide insights into the state of China’s consumer market, which continues to grapple with a sluggish economic recovery, prolonged property sector challenges, and an uncertain employment landscape.

China's retail sales in October grew at their fastest pace in eight months, supported by Beijing’s recent measures to stimulate consumption. However, consumer caution persists as government stimulus efforts have yet to significantly boost incomes, according to Boston Consulting Group.

Meituan, one of the last major Chinese tech firms to release quarterly results, is expected to outperform despite weak consumer sentiment. Morgan Stanley highlighted the food delivery giant's "superior growth amid a weak economy," driven by local government consumption voucher programs and China's commitment to developing its platform economy through increased policy support.

Meanwhile, Chow Tai Fook, which is releasing first-half earnings this week, may face challenges in maintaining revenue levels in the fiscal second half. Bloomberg Intelligence noted that the jewelry retailer has downsized its store network in China, though the decline in jewelry sales appears to have moderated.