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After ten years of going public, becoming a penny stock! Why is Dining so difficult?
There are no winners.
The Returns On Capital At Helens International Holdings (HKG:9869) Don't Inspire Confidence
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.
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.
Hong Kong stocks closed (December 11) | The Hang Seng Index rose by 1.2%, with the Consumer direction fully exploding, and the CSI SWS Food & Beverage index and Dining sectors leading the gains.
After the Hong Kong stock market opened, it maintained a fluctuating trend, with all three major Indexes rising significantly before noon, and the increase narrowed slightly at the end of trading.
