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Xiabuxiabu to Announce Annual Results and Consider Dividend
XIABUXIABU (00520.HK) held a Board of Directors meeting on March 27 to approve the annual performance.
Gelonghui, March 17丨XIABUXIABU (00520.HK) announced that the company will hold a Board of Directors meeting on March 27, 2025 (Thursday) to approve the annual performance announcement for the year ending December 31, 2024, and to consider the distribution of the final dividend (if any).
XIABUXIABU: DATE OF BOARD MEETING
Hong Kong stocks are fluctuating | Dining stocks are rising across the board, boosting expectations for Consumer policies and uplifting market sentiment. The Ministry of Commerce will launch over 120 activities to promote Consumer spending in Dining.
Dining stocks have risen across the board. As of the time of this report, XIABUXIABU (00520) rose by 7.78%, reaching 0.97 Hong Kong dollars; Xiaocai Garden (00999) rose by 7.92%, reaching 10.9 Hong Kong dollars; YUM CHINA (09987) rose by 3%, reaching 405.4 Hong Kong dollars; JIUMAOJIU (09922) rose by 0.89%, reaching 3.41 Hong Kong dollars.
The Dining, Alcoholic Beverages, and Sporting Goods sectors have all shown strong performance. The report from the China Consumer Association shows that over 60% of consumers believe the consumption environment is getting better.
Jinwu Financial News | The Consumer Sectors, including Dining, Alcoholic Beverages, and Sporting Goods, are showing strong performance. In the Dining Sector, JIUMAOJIU (09922) rose by 6.01%, XIABUXIABU (00520) increased by 4.65%, SHANGHAI XNG (03666) grew by 4.17%, HAIDILAO (06862) rose by 2.95%, and HAILUNSI (09869) increased by 2.42%. In the Alcoholic Beverages Sector, BUD APAC (01876) rose by 6.37%, CHINA RES BEER (00291) increased by 5.07%, TSINGTAO BREW (00168) grew by 4.99%, and DYNASTY WINES (00828) rose by 3.
Hong Kong stocks fluctuated | XIABUXIABU (00520) fell over 10%, total market value dropped below 1 billion Hong Kong dollars. The company is expected to accumulate losses exceeding 1.2 billion yuan in the past four years.
XIABUXIABU (00520) fell over 10%, as of the time of writing, it dropped 10.31% to 0.87 Hong Kong dollars, with a transaction value of 10.7414 million Hong Kong dollars, and the total market value has now dropped below 1 billion Hong Kong dollars.
Lacklustre Performance Is Driving Xiabuxiabu Catering Management (China) Holdings Co., Ltd.'s (HKG:520) 26% Price Drop
