[Hong Kong Stock Connect] HAIDILAO (06862) rose by 3.49%, stating that the hot pot market scale this year is expected to surpass 600 billion, with Institutions bullish on its development prospects.

Jinwu Financial News | HAIDILAO (06862) saw positive stock prices in the morning, with a peak increase of over 6%, recently reported at 17.2 HKD, an increase of 3.49%, with a transaction value of 0.247 billion HKD. In the news, HAIDILAO recently held a supply chain conference and released the "2024 Hot Pot Industry Innovation Report", which indicates that this year's hot pot market scale is expected to exceed 600 billion RMB. The monitored hot pot sample brands are expected to launch more than 300 new products in 2024, of which HAIDILAO has introduced 21 new products nationwide by October, and 206 regional new products. Additionally, the report states that among hot pot brands, HAIDILAO has a leading number of stores.

Jingu Financial NewsDec 10 21:50 ET

[Brokerage Focus] Guosen maintains a "Outperform the market" rating for HAIDILAO (06862), Bullish on the company's development prospects after the reversal of its operating logic.

Jinwu Financial News | Guosen Securities released a Research Report indicating that HAIDILAO (06862) had a net income loss of 4.16 billion yuan for the year 2021 (with store impairment losses exceeding 3.65 billion yuan). To respond to the crisis, HAIDILAO launched the 'Woodpecker Plan' in November 2021 to improve operational efficiency. In 2022, the net income turned around to 1.638 billion yuan. With improvements in operations, the company initiated the 'Hard Bone Plan,' which involves considering the reopening of some stores that had been temporarily closed under the Woodpecker Plan. From 2023 to 2024, the company continued to showcase a high standard against the industry cycle, achieving an annual revenue of 41.45 billion yuan in 2023.

Jinwu Financial NewsDec 10 21:26 ET

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.

Zhitong FinanceDec 10 20:57 ET

Haidilao International Holding's to Provide 500 Million Yuan Loan Facility to Connected Subsidiary

MT NewswiresDec 10 03:25 ET

We Think Haidilao International Holding (HKG:6862) Can Manage Its Debt With Ease

Simply Wall StDec 9 18:05 ET

Haidilao (06862.HK): Sichuan New Style and Xi'an Yan have entered into a third loan agreement.

On December 9, Gelonghui reported that haidilao (06862.HK) announced that on December 9, 2024, Sichuan Xinpai and Xi'an Yanqing signed a third loan agreement, under which, during the validity period of this agreement, Sichuan Xinpai (as the lender) agrees to provide Xi'an Yanqing (as the borrower) with a loan financing with a principal limit of 500 million yuan, at an interest rate equivalent to the one-year LPR plus 20 basis points. The initial one-year LPR refers to the one-year LPR on the first withdrawal, and any changes in the one-year LPR will result in a corresponding rate adjustment starting from the first day of the month following the effective date of the change.

Gelonghui FinanceDec 9 07:05 ET