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Hong Kong stocks movement | Dining stocks mostly rose in the morning as the State Council executive meeting discussed measures to boost consumer-related work. Focus on the sector's terminal demand recovering.
Most Dining stocks rose in the morning session. As of the time of writing, JIUMAOJIU (09922) increased by 8.33%, reporting at 3.12 Hong Kong dollars; Hailunsi (09869) rose by 5.26%, reporting at 2.2 Hong Kong dollars; Xiaocaiyuan (00999) increased by 4.21%, reporting at 10.16 Hong Kong dollars; XIABUXIABU (00520) rose by 2.15%, reporting at 0.95 Hong Kong dollars.
Debon Securities: Policies emphasize boosting Consumer and focus on the subsequent demand recovery.
The bank recommends focusing on leading companies in sectors that have strong control over upstream and downstream supply chains, channels, and products amid fundamental changes, as well as sectors where year-round profits are likely to exceed expectations due to cost advantages.
Hong Kong Retailers Face Tough Year Ahead -- Market Talk
[Brokerage Focus] CITIC SEC believes that the likelihood of further intensification of the Dining price war is relatively low.
Golden Owl Financial News | CITIC SEC stated that under a low base, the growth rate of dining retail began to rebound since October 2024, increasing from about 3% to about 4%, while the number of dining stores remains in a downward trend on the supply side. From the data of listed companies, price pressure has eased and customer flow shows signs of stabilizing. The same-store sales decline in 24Q4 is expected to stabilize overall, while HAIDILAO shows a decline due to a high base but remains relatively stable compared to the first and second half of the year. Leading companies in segmented tracks have taken the lead in adjusting prices, which the company believes reflects a certain degree of stabilization in overall competition, while the marginal impact of the low stock price strategy in stimulating customer flow has weakened, possibly intensifying the price war further.
After ten years of going public, becoming a penny stock! Why is Dining so difficult?
There are no winners.
Hong Kong stocks movement | Dining stocks turned down in the morning, with the same-store sales of the dining industry continuing to be weak in November. Cyclical dining chains are expected to benefit first from improving expectations.
Dining stocks turned downward in the morning session. As of the time of writing, JIUMAOJIU (09922) is down 5.12%, at HKD 3.89; HAILUNSI (09869) is down 4.66%, at HKD 3.07; CAFE DE CORAL H (00341) is down 0.13%, at HKD 7.896.
