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HK Stock Market News | Haidilao (09869) rose nearly 6%, leading the dining industry. Institutions believe that the same-store revenue may improve in the second half of the year.
Zhixin Finance APP learned that dining stocks rebounded in the morning session. As of the time of publication, Helen's (09869) rose 5.99% to HK$2.3; Haidilao (06862) rose 4.46% to HK$14.06; Xiabu Xiabu (00520) rose 4.41% to HK$1.42; Jiumaojiu (09922) rose 3.76% to HK$3.86. Shenzhen Securities has previously stated that Hong Kong-listed restaurant companies have generally passed the peak period of opening stores, and the franchise model is gradually being introduced into the business model. Same-store revenue in the first half of the year faces a higher comparison base, and there may be some improvement in the second half. Huaxi Securities pointed out that high
Hong Kong stocks are volatile: Dining stocks continue to decline. First-tier city dining industry is under greater pressure. Price wars in the dining industry will continue.
The dining sector continues to decline recently. As of press time, Helen's International Holdings Limited (09869) fell by 6.91% to HKD 2.02, Xiabu Xiabu (00520) fell by 6.21% to HKD 1.36, and Jiumaojiu (09922) fell by 4.16% to HKD 3.69.
HK stocks sees unusual movement as dining stocks rise in the afternoon. Dining consumer growth rate increased compared to May, with significant room for repair throughout the year.
According to the Zhitong Finance APP, dining stocks rose in the afternoon, as of press time, Xiabu Xiabu (00520) rose 6.43% to HKD 1.49, Nayuki Tea (02150) rose 4.85% to HKD 2.16, Jiumaojiu (09922) rose 3.37% to HKD 3.99, and Helen's Food (09869) rose 2.68% to HKD 2.3.
Hailunsi (09869) received a letter of eligibility for second listing recommendation from the new exchange.
China Smart Finance APP reports that Helen's Department (09869) issued an announcement on June 28, 2024, announcing that the company had received a letter of qualification for a second listing proposal from the New Exchange (Listing Qualification Letter). The Listing Qualification Letter is not an indication of the value of proposed second listing, the group and/or the company's stock. The proposed second listing will not involve the issuance of new shares. If the proposed second listing is completed, the company's issued ordinary shares will continue to be listed and traded on the HKEx. The directors believe that after the proposed second listing is completed, it will enable the company to enter the Singapore securities market and develop the group's position in that market, and further enhance the company's
Express News | Helens International - Received Eligibility-to-List Letter From Sgx-St on Proposed Secondary Listing
Helen's (09869) suggests a secondary listing on the new exchange.
Helenic Holdings Limited (09869) announced that the company proposes to introduce its ordinary shares to the Singapore Stock Exchange through listing.
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