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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
On July 11th, Jiumaojiu cancelled 18.559 million repurchased shares.
Jiumaojiu announced that the company cancelled 18.559 million repurchased shares on July 11, 2024.
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.
Jiumaojiu Announces Key Management Changes
Jiu Mao Jiu (09922): Liang Junhui has been appointed as joint company secretary.
Jiumaojiu (09922) has announced that Leung Kwan Wai has been appointed as Joint Company Secretary, Authorized Representative and Legal Process Filer...
Jiumaojiu Same-Store Sales Could Face Pressure, Hindering Expansion Plans -- Market Talk
0400 GMT - Jiumaojiu International's same-store sales could come under pressure due to stiff competition, potentially hindering the company's expansion plans, DBS Group Research analysts say in a note
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