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Hong Kong stocks change | Dining stocks continue to decline, hot pot sector ignites price wars, Institutions state there is still room for the Dining consumer coupon policy to exert its force.
Dining stocks continued to decline. As of the time of publication, XIABUXIABU (00520) fell by 6.45%, trading at 0.87 HKD; JIUMAOJIU (09922) dropped by 6.29%, trading at 2.83 HKD; HAILUNSI (09869) decreased by 6.25%, trading at 2.1 HKD; HAIDILAO (06862) declined by 1.47%, trading at 14.7 HKD.
Hong Kong stocks are showing unusual movement | Dining stocks are rebounding across the board, with KFC leading the price increase. The dining price war is easing, and consumer vouchers have a direct stimulating effect on the dining industry.
Dining stocks are rebounding across the board. As of the time of writing, XIABUXIABU (00520) rose by 5.1%, trading at HKD 1.03; HAIDILAO (06862) increased by 4.9%, trading at HKD 16.26; HELLENIC (09869) went up by 4.49%, trading at HKD 2.56; JIUMAOJIU (09922) climbed by 3.26%, trading at HKD 3.48; YUM CHINA (09987) rose by 0.85%, trading at HKD 377.6.
After ten years of going public, becoming a penny stock! Why is Dining so difficult?
There are no winners.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd.'s (HKG:520) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Hong Kong stocks movement | Dining stocks fell today. Institutions state that the Industry's Operation pressure remains relatively high, but there is hope for gradual stabilization and recovery.
Dining stocks fell today. As of the time of writing, Hailunsi (09869) is down 4.22% at 2.72 Hong Kong dollars; JIUMAOJIU (09922) is down 3.39% at 3.7 Hong Kong dollars; XIABUXIABU (00520) is down 2.65% at 1.1 Hong Kong dollars; SUPER HI (09658) is down 0.97% at 20.4 Hong Kong dollars.
Dining stocks are generally under pressure, with Helen's (09869) down 8.65%. Goldman Sachs pointed out that the same-store sales in the Dining industry continued to be weak in November.
Jinwu Financial News | Dining stocks are generally under pressure. As of the time of writing, Helens (09869) is down 8.65%, JIUMAOJIU (09922) is down 5.85%, Nayuki's tea (02150) is down 4.76%, XIABUXIABU (00520) is down 4.13%, and HAIDILAO (06862) is down 2.27%. On the news front, Goldman Sachs' Research Reports indicate that same-store sales in the Dining industry continue to be weak in November, with variable demand. Regarding policy stimulus, the bank has observed that more cities/provinces have introduced consumer vouchers for Dining, but it believes the impact varies by brand and region, and the companies covered by the bank.
Lacklustre Performance Is Driving Xiabuxiabu Catering Management (China) Holdings Co., Ltd.'s (HKG:520) 26% Price Drop
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