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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.
CAFE DE CORAL H: Interim Report 2024/25
Hong Kong stocks moved differently | Dining stocks rose in the morning as significant meetings released Bullish Signals. Dining consumption vouchers help the Dining Industry recover.
Dining stocks rose in the morning session. As of the time of writing, Naixue's Tea (02150) increased by 7.24% to 1.63 HKD; XIABUXIABU (00520) rose by 7.08% to 1.21 HKD; Helen's (09869) climbed by 5.82% to 3.09 HKD; HAIDILAO (06862) went up by 5.18% to 17.46 HKD; JIUMAOJIU (09922) increased by 3.97% to 3.93 HKD.
Jefferies Adjusts Café De Coral Holdings' Price Target to HK$8.37 From HK$8.88, Keeps at Hold
Hong Kong stocks move differently | Dining stocks see significant declines as dining companies face overall efficiency pressures this year. Institutions are bullish on the overall performance of the industry rebounding next year.
The dining stocks are experiencing significant declines. As of the time of writing, Hailun Si (09869) has fallen by 4.76%, reporting at 2.4 Hong Kong dollars; Jiumaojiu (09922) has decreased by 2.61%, reporting at 3.36 Hong Kong dollars; cafe de coral h (00341) has dropped by 1.01%, reporting at 7.84 Hong Kong dollars.
Market Chatter: Café De Coral to Exercise Prudence With Price Increases Amid Weak Market
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